Commentary: U.S. needs to let international regulators catch up

07/9/2013 | Huffington Post, The

Former Sen. Blanche Lincoln, D-Ark., who played a key role in drafting the Dodd-Frank Act, writes that the Commodity Futures Trading Commission should delay finalizing rules governing cross-border swaps to allow international regulators to catch up with progress made by the agency. CFTC Chairman Gary Gensler has put the U.S. in a leadership position by pushing to develop these rules, but he should wait for an international agreement that would permit the U.S. to respect foreign regulators' policies, Lincoln writes.

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