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CFTC Votes to Extend Swaps Rules Comment Periods by 30 Days

The U.S. Commodity Futures Trading Commission voted 4-1 today to reopen or extend public comment periods for proposed derivatives regulations under the Dodd- Frank Act for an additional 30 days.

“This time will allow the public to submit comments they might have after seeing the entire mosaic at once,” CFTC Chairman Gary Gensler said today at an agency meeting in Washington. The CFTC and the Securities and Exchange Commission are holding a public forum next week to discuss implementation of derivatives rules required by the financial-rules overhaul enacted in July.

To contact the reporter on this story: Silla Brush in Washington at sbrush@bloomberg.net.

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net

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