23.03.2011 - CFTC’s Gensler says swap rules need international consensus
Effective oversight of the $583 trillion global swaps market hinges on cooperation between regulators drafting new rules in the U.S. and Europe, Commodity Futures Trading Commission chairman Gary Gensler said. “Effective reform cannot be accomplished by one nation alone,” Gensler said in a speech to lawmakers at the European Parliament in Brussels today..............................................Full Article: Source
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