CFTC looks at CME's swap-futures products

02/19/2013 | Bloomberg Businessweek

The Commodity Futures Trading Commission says it's looking into interest-rate swap-future contracts offered by CME Group. "CFTC is currently reviewing this product, and we have not yet taken a view on whether the resulting swap counts toward a market participant's status as a dealer or major-swap participant," CFTC spokesman Steve Adamske wrote in an e-mail.

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