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In wake of court ruling, smaller companies worry costs may rise.
Offerings drop 34% as Facebook debut, European crisis scare away buyers.
Commission votes 5-0 to propose guidance for international reach of derivatives rules.
Companies hold onto U.S. currency as outlook for yuan appreciation dims.
With Supreme Court ruling out of the way, companies can focus on preparing for coming changes.
Takeovers off 2% in second quarter as Europe threatens confidence.