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.
CFTC's Chilton Seeks Enforcement Delay on Swaps Rules
End users should get 6 months before sanctions are imposed, commissioner says.
The U.S. Commodity Futures Trading Commission should refrain from sanctioning so-called end-users of swaps for six months while the agency seeks to clarify its Dodd-Frank Act rules, Commissioner Bart Chilton said today.
Commercial and energy companies deserve a more transparent rulemaking process that provides greater certainty, Chilton said in comments prepared for a telephone news conference to propose what he called an End-User Bill of Rights.
Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.