Michael Sackheim, Elizabeth Schubert and Antony Bryceson of Sidley Austin LLP explain how the recently enacted Dodd-Frank Act and the European Commission's proposed regulation of OTC derivatives will impact end-users.

The recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) and the European Commission's proposed regulation of over-the-counter (OTC) derivatives both require expanded use of central clearing of derivative contracts. Eric Berman of Practical Law Company reached out to Michael Sackheim, Elizabeth Schubert and Antony Bryceson of Sidley Austin LLP to discuss their views on how the regulation of OTC derivatives will impact end-users.