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Global regulators promise cooperation on derivatives rules

Posted on 06 December 2012

The Commodity Futures Trading Commission has released a statement outlining the results of a closed-door meeting between international regulators last week that promises widespread international cooperation in the implementation of global derivatives market reforms.
The message is likely intended to provide comfort to derivatives market participants and the rest of the international regulatory community who have jointly decried the CFTC’s approach to safeguard U.S. markets from abuses in the derivatives market via newfound regulatory powers provided in Dodd-Frank………………………………………..Full Article: Source

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