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CFTC and SEC could diverge on rules, says Schapiro

By Mark Pengelly
Published: April 26 2011 Risk 

Securities and Exchange Commission (SEC) chair Mary Schapiro says Dodd-Frank Act should be adapted to fit markets. She advocates working closely with the CFTC. US regulators will have to be flexible in implementing the Dodd-Frank Act, said Securities and Exchange Commission (SEC) chair Mary Schapiro, speaking exclusively to Risk.net.

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