September 9, 2010
By Sarah N. Lynch
Some existing swap trading platforms will have to change the way they do business to meet new regulations now under development, according to Commodity Futures Trading Commission Chairman Gary Gensler.
"I think there will most definitely be change because it will be a far more transparent marketplace," Gensler said in an interview Wednesday. Some swaps trading operations "might, in fact, have to start accepting bids and offers from multiple participants," he added…
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Last Updated: September 9, 2010