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  • September 16, 2010

    CFTC Outlines Number of New Swaps Dealers, Venues

    By Christopher Doering and Jonathan Spicer

    More than 200 entities could look at becoming swap dealers and up to 30 venues could trade the expected flood of new products, the head of the U.S. Commodity Futures Trading Commission said on Thursday, as the agency ramps up oversight of derivatives trading.

    CFTC Chairman Gary Gensler broadly outlined for the first time how many groups could be effected by the new rules for the giant over-the-counter market, enacted as part of the recently passed Dodd-Frank financial reform bill...

    Read Full Article on Reuters.

    Last Updated: September 17, 2010