Swaps Clearinghouses Said Set for Systemic Designation by U.S.

Swaps Clearinghouses Said Set for Systemic Designation by U.S.

Pablo Martinez Monsivais/AP Photo

Gary Gensler, left, Chairman of the Commodity Futures Trading Commission, Secretary of Treasury Tim Geithner, center, Chairman of the Federal Reserve Ben Bernanke, and Chairman of the FDIC Sheila Bair, right, at the Financial Stability Oversight Council's (FSOC) first meeting at the Dept. of the Treasury in Washington.