FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Divided CFTC goes back to work on cross-border policy
|
Derivatives
Friday, January 4, 2013
|
|
The Commodity Futures Trading Commission must smooth numerous internal and external divisions as it works to reach firm conclusions about the cross-border application of certain Dodd-Frank swaps provisions ahead of a July deadline.
Dodd-Frank’s cross-border application has been a source of concern for industry participants and lawmakers who urged the CFTC to harmonize its rules with similar reforms being crafted by international regulators. The CFTC approved an exemptive order providing temporary relief from certain cross-border applications of Dodd-Frank requirements on Dec. 21, just days ahead of a Jan. 1 deadline. Commission leaders said the relief period provides time for the CFTC to work with foreign regulators as they implement comparable requirements.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories