CFTC approves CME swaps-data routing despite opposition

03/6/2013 | Bloomberg · Reuters

The Commodity Futures Trading Commission has voted 4-0 to allow CME Group to have swaps information routed to its own database. Many banks and Depository Trust & Clearing have protested the decision. DTCC, which says it might sue, says the outcome "is anti-competitive and compromises regulators and market participants' ability to understand, assess and manage systemic risk effectively." Republican CFTC Commissioner Scott O'Malia abstained from voting.

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Bloomberg · Reuters

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