Reuters: Regulatory News: US CFTC announces beefed up cost-benefit team

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US CFTC announces beefed up cost-benefit team May 10th 2012, 15:52 WASHINGTON | Thu May 10, 2012 11:52am EDT WASHINGTON May 10 (Reuters) - The U.S. Commodity Futures Trading Commission announced on Thursday it would beef up its economic analysis team to help the agency analyze the costs and benefits of rules it writes. Criticism over the agency's cost-benefit analyses has sharpened in recent months, since industry groups brought a legal challenge over the agency's rule on position limits in December. On Thursday the CFTC also approved a proposed rule to extend the deadline for compliance with some swaps rules to Dec. 31 from July 16.

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