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CFTC takes action on cross-border transactions
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Commodities
Friday, August 5, 2016
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The Commodity Futures Trading Commission (CFTC) announced two separate actions on how the rules related to the Dodd-Frank Act apply to cross-border transactions, one in response to a court order in a 2014 ruling and the other in a no-action letter to the industry. The CFTC chairman said the moves showed progress in harmonizing regulations around the world. Read on for more details.
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