Futures Industry Association Futures and Options Expo

• 10.10.2011 | -

WilmerHale Special Counsel was a featured speaker at this event, and participated in a panel titled "Dodd-Frank Boot Camp: Large Trader Reporting." One of the first rules to be finalized in the suite of Dodd-Frank rulemakings was large-trader reporting for physical commodity swaps. Position reporting, requires reporting entities to report on 23 data elements on both cleared and uncleared products. This session discussed who falls within the definition of reporting entity and what positions must be reported, the reporting format, new form 102S, futures equivalency, and reporting during the six-month grace period.