Reuters: Regulatory News: U.S. swaps pushout rule to kick in July 2013

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U.S. swaps pushout rule to kick in July 2013 Mar 30th 2012, 19:09 WASHINGTON, March 30 | Fri Mar 30, 2012 3:09pm EDT WASHINGTON, March 30 (Reuters) - U.S. banking regulators said on Friday that the controversial rule requiring banks to spin off some of their swap trading into affiliates will not take effect until July 16, 2013. The rule was mandated by the 2010 Dodd Frank Wall Street reform law.

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