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By Katy BurnePublished July 21 2011 Dow Jones
The privately traded derivatives market is already safer and more efficient than it was a few years ago, thanks to the industry's self-led initiatives, the International Swaps and Derivatives Association said Thursday--even as regulators hash out final rules stemming from the 2010 Dodd Frank law that were largely aimed at cleaning up the $600 trillion market.
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