Thursday, May 10, 2012

Reuters: Regulatory News: US CFTC finalizes exchange rules

Reuters: Regulatory News
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US CFTC finalizes exchange rules
May 10th 2012, 15:57

WASHINGTON | Thu May 10, 2012 11:57am EDT

WASHINGTON May 10 (Reuters) - The U.S. Commodity Futures Trading Commission voted unanimously on Thursday to finalize a rule to beef up regulations governing derivatives exchanges, after delaying a vote on one of the most controversial provisions.

The rule, originally proposed in December 2010, dictates new standards for exchanges and helps pave the way for them to start listing over-the-counter derivatives known as "swaps."

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