Commodity Audios, Odd Lot Volume, Malaysia Bonds: Compliance
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The U.S. Commodity Futures Trading Commission, facing resistance from agricultural and energy firms, is struggling to reach consensus on when traders must keep audio records that could be used in enforcement cases.
The rule, proposed in June 2011 and awaiting final approval, would require recording by members of derivatives exchange and swap-execution facilities. The records could help the CFTC’s enforcement unit determine the intent of traders when probing claims of market manipulation and false reporting.