CFTC extends comment period for derivatives rules

04/27/2011 | Bloomberg · Wall Street Journal, The

The Commodity Futures Trading Commission agreed to give interested parties 30 more days to comment on proposed derivatives rules. "This time will allow the public to submit comments they might have after seeing the entire mosaic at once," said CFTC Chairman Gary Gensler. The extended period is not expected to satisfy those who say regulators are writing rules too quickly.

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Bloomberg · Wall Street Journal, The

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