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CFTC delays compliance date for audio recordkeeping requirements
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Derivatives
Wednesday, October 31, 2012
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The Commodity Futures Trading Commission heeded the concerns of industry participants who said they needed additional time to comply with new swaps recordkeeping requirements adopted under Dodd-Frank. The CFTC’s Division of Swap Dealer and Intermediary Oversight issued time-limited no action relief for swap dealers and major swap participants. Read on to learn when industry participants will now be required to comply with the requirements.
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