Banks ask for an exemption from the swaps provision:

06/18/2010 | Wall Street Journal, The

Zions First National Bank, Whitney National Bank and about 18 other regional and community banks have asked Sen. Blanche Lincoln, D-Ark., to exempt them from a measure she proposed that would require the spinning off of their swaps desks. The provision was intended to focus on major Wall Street dealers, but an industry group raised concerns that it could affect community banks.

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