Chatham Financial Launches OTC Derivatives Website to Support Informed Legislation Changes

KENNETT SQUARE, , PA, July 23, 2009 – Chatham Financial, the largest independent interest rate and currency risk management consultant, announced today that it has launched http://www.hedgingworks.com/ as a service to clients and business end users of OTC derivatives as part of an overall initiative to build awareness and better understanding of OTC derivatives legislative developments and their implications for business users.

“We support the four objectives for legislative reform that were identified by Treasury Secretary Timothy Geithner, (bottom right photo) but the ramifications for many business users of currently proposed legislation could be profound," says Mike Bontrager, (top left photo) founder and CEO, Chatham Financial.



"Many users are only beginning to understand the implications and costs. One-size-fits all legislation is risky. If new legislation doesn’t recognize the differences between users, the responsible businesses which use OTC derivatives to mitigate everyday interest rate, foreign currency and commodity risk may be burdened with significant incremental costs.

"In addition there could be major complications with current trades, challenges with accounting hedge effectiveness, and a lack of liquidity in products that could make responsible hedging very expensive or impossible."


For further information, contact:
Joy Peterson, 720.249.3606, jpeterson@chathamfinancial.com