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

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

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