This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.
Swaps Rules To Be Completed in Q1 '12
Regulators are paying attention to difference between futures, securities, Gensler says.
Dodd-Frank Act rules governing trading in the $601 trillion global swaps market won’t be completed until the first quarter of 2012, said Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission.
The CFTC and Securities and Exchange Commission are drafting rules for so-called swap execution facilities and exchanges that will handle trades for credit-default swaps, interest-rate swaps and other derivatives.
Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.