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  • June 2, 2011

    CFTC's Gensler: Swaps Rules Will Lower Costs for Commercial End Users

    By Jamila Trindle

    Transparency and competitiveness brought to the swaps market will bring "tangible benefits" to corporations and commercial end users because it will lower costs over time, Commodity Futures Trading Commission Chairman Gary Gensler will tell a group of corporate treasurers in New York Thursday.

    "The more transparent a marketplace is, the more liquid it is for standardized instruments, the more competitive it is and the lower the costs for hedgers, borrowers and, ultimately, their customers," Gensler plans to tell a meeting of the National Association of Corporate Treasurers, according to prepared remarks…

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    Last Updated: June 2, 2011