U.S., Asian banks hope ring-fencing is enough for Dodd-Frank

11/15/2012 | Risk.net (subscription required)

U.S. and Asian banks are hoping the Commodity Futures Trading Commission will deem ring-fencing of U.S. and U.S.-facing entities sufficient to meet the regulator's requirements for swaps dealers under the Dodd-Frank Act. The CFTC is still discussing its final guidance on cross-border application of Dodd-Frank rules.

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