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Frank’s Derivatives Draft Allows OTC Trades to Bypass Exchanges

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By Matthew Leising and Shannon D. Harrington
Published: October 7 2009 Bloomberg
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Regulators Warn of Derivatives Law Loopholes

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By Aline van Duyn and Joanna Chung
Published: October 7 2009 Financial Times

US regulators on Wednesday said that efforts to shield non-financial companies such as electric utilities and airlines from the effects of more stringent derivatives rules could open up dangerous loopholes in new legislation.

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