CFTC's Chilton Says Swap Defintion Will Reduce Risk

July 10 (Bloomberg) -- Bart Chilton, a commissioner at the U.S. Commodity Futures Trading Commission, talks about the CFTC's vote today to define when trades are considered swaps under the Dodd-Frank Act. Chilton and James Koutoulas, chief executive officer of Typhon Capital Management, also discuss the CFTC's lawsuit against Peregrine Financial Group Inc. They speak with Trish Regan and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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