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Court considers regulatory cost-benefit obligations
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Derivatives, Dodd-Frank Basics
Tuesday, January 8, 2013
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A regulator that has come under fire for its assessment of the costs and benefits associated with its rulemakings scored a legal victory. Two business associations challenged a Commodity Futures Trading Commission rule related to commodity pool operators and commodity trading advisors, arguing the agency extended its regulatory reach to certain derivatives trading firms without sufficient explanation. Read on to learn what a federal judge said about the CFTC’s cost-benefit analysis obligations.
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