Daily Archives: October 9, 2009

John Gapper

The sale of Citigroup’s Phibro inhouse energy trading unit to Occidental raises again the question of reform of over-the-counter derivatives trading.

Followers of this arcane but vital topic may recall a column I wrote last week advising regulators and politicians not to treat financial and non-financial companies differently in upcoming reforms of OTC derivatives trading. Industrial companies have been lobbying heavily for an exemption and are having some successRead more