The U.S. Commodity Futures Trading Commission, facing an Oct. 12start date for a slate of derivatives rules, is being bombardedwith requests from lobbying groups to ease or delay the Dodd-FrankAct measures.

Trade associations representing agribusiness firms Bunge Ltd.and Archer Daniels Midland Co. want to delay swap-dealer rules fornon-banks. Banks and asset managers want regulators to finally saywhether foreign exchange derivatives will be subject to the rules.And representatives of Ford Motor Credit Co. and Barclays Plc havemet with CFTC staff to clarify that financial entities used forasset-backed securities are exempt.

“We urgently request that the commission delay the effectivenessof all rules until clarifying guidance, which in many cases hasbeen promised by the commission, can be issued,” the FinancialServices Roundtable, a Washington-based group representing 100 ofthe largest financial companies, said in a letter yesterday.“Without resolution on these points, our members cannot understandhow to comply with the new rules, and accordingly cannot comply.This is in no one's interest.”