Opinion: Gensler needs Wetjen's support on cross-border rules

06/26/2013 | Platts

This Platts piece argues that Commodity Futures Trading Commission Chairman Gary Gensler will fail to make the July 12 deadline for cross-border swaps rules unless he has Commissioner Mark Wetjen's backing. Wetjen, however, advocates an interim measure that would allow more time to smooth out objections to the current plan. Read SIFMA's views on Wetjen's recent remarks on cross-border treatment of derivatives.

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