Is the vent register in the wall or the floor?
If it's on the floor, is there no space between the vent and the wall? If the cable is lying on the floor, I don't see why it would be getting much heat since the heat is rising into the room.
Try putting a thermometer around the area and see where the heat really is.
If the register is on the wall, there shouldn't be an issue at all.
Unless you have one of those big boiler-type heating vents with a metal grate that's too hot to walk on, you really should be able to move around the register and avoid excessive heat.