October 19, 2013
By Mike Konczal
Health care wasn't the only area where the federal government launched an exchange this month designed to fix a broken system.
On Oct. 2, the Commodity Futures Trading Commission (CFTC) oversaw the launch of “swap execution facility" platforms. Called the “future of derivatives trading” by Bloomberg, these platforms are the culmination of reforms in Dodd-Frank designed to bring price transparency to the opaque and dark over-the-counter derivatives market that helped cause the financial crisis.
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Last Updated: December 30, 2013