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CFTC addresses regulatory uncertainty as new rules kick in
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Derivatives
Wednesday, October 17, 2012
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The leader of the Commodity Futures Trading Commission said Dodd-Frank rules that took effect on Oct. 12 will usher in a new age of transparency in the swaps markets. However, some lawmakers argued uncertainty surrounding the new rules could disrupt the foreign exchange and derivatives markets to the detriment of the overall economy. Read on to learn what steps the agency took to provide clarity to market participants.
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