CFTC's futurization discussion yielded clashing views

03/18/2013 | Futures Industry

Disagreements among market participants were made clear at a Commodity Futures Trading Commission event in January on the futurization of swaps. CFTC staff at the gathering said the opinions expressed would help in finalizing the rules for swaps trading. "Let's be cautious about allowing lax oversight of these futures contracts, regardless of how they were treated before they were futurized," CFTC member Bart Chilton said at the event.

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