CFTC will look into global reach of Dodd-Frank swaps rules

11/29/2011 | Bloomberg

Scott O'Malia, a member of the Commodity Futures Trading Commission, said the agency plans to propose rules that would extend into the international swaps market. The over-the-counter "derivatives industry is global, and defining where United States jurisdiction starts and ends will involve considerable debate," O'Malia said.

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