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Heads of largest U.S. derivatives exchanges voice concerns about inconsistencies between regulatory regimes and proposed fees on the industry.
Some see vote as the start of a seismic shift in trading of OTC derivatives.
House Financial Services Committee to vote today on measures to ease derivatives requirements.
FSOC says benchmark rates should be anchored in observable transactions.
Overseas finance officials urge U.S. Treasury to limit the cross-border reach of derivatives regulations.
CFTC says companies need more time to test data systems.