Trans-Atlantic Swaps Rift Spurs U.S. Market-Damage Concerns

  • U.S. rules start Sept. 1, while EU regulations slated for 2017
  • CFTC chairman says agency plans to stick to original deadline

The European Union’s decision to postpone collateral rules for swaps is putting pressure on U.S. regulators to follow suit to avoid rupturing the $493 trillion market dominated by the world’s biggest banks.

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