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CFTC May Delay Swaps Rules
Regulators’ proposal would postpone Dodd-Frank rules until July 2012.
Rules scheduled to take effect last July for the $601 trillion swaps market may be delayed as long as a year under a proposal by the U.S. Commodity Futures Trading Commission.
At a meeting yesterday in Washington, the agency’s five commissioners were set to consider a proposal to postpone until as late as July 16, 2012, rules that were required to take effect in mid-July under the Dodd-Frank Act.
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