DTCC weighs in on CME's lawsuit against CFTC

11/12/2012 | Reuters · Fox Business · Bloomberg Businessweek

Depository Trust & Clearing says it opposes a lawsuit by CME Group that challenges a requirement for exchanges to open up nonpublic reports of cleared swaps transactions to swaps-data repositories registered with the Commodity Futures Trading Commission. "DTCC is currently considering its possible responses to the suit and resulting Commission activity, including possible judicial recourse," according to a letter from DTCC to CFTC Chairman Gary Gensler.

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