CFTC/SEC Swap Product Definitions 'Irrational', Say Derivatives Lawyers
By Peter Madigan
Published June 24 2011 Risk Magainze
Derivatives lawyers have attacked proposed Dodd-Frank Act swap product definitions as "irrational", claiming the delineation of supervision between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) will seriously impede the ability of market participants to hedge their positions.
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