Trans-Atlantic Swaps Rift Spurs U.S. Market-Damage ConcernsBy
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.