Sommers ‘Deeply Concerned’ Over CFTC, SEC Coordination on Swaps

The inability of U.S. regulators to agree on guidelines for the international reach of the Dodd-Frank Act may disrupt the $708 trillion global swaps market, said Jill E. Sommers, a Republican member of the Commodity Futures Trading Commission.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.