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Editorial: Dodd-Frank pushes swaps trading overseas
The Commodity Futures Trading Commission is working on rules that will drive derivatives trading to foreign jurisdictions, this editorial argues. The CFTC is moving ahead with the regulations, despite concerns from foreign regulators and the industry. Another issue is that the rules, as mandated by the Dodd-Frank Act, will increase U.S. taxpayer exposure to the derivatives market, the editorial argues.

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