Only two commissioners are expected to stay into 2014, leaving the CFTC evenly split on party lines and raising questions about whether it will be able to pass new rules.
Only two commissioners are expected to stay into 2014, leaving the CFTC evenly split on party lines and raising questions about whether it will be able to pass new rules.
Wall Street is interpreting a footnote in July CFTC guidance to mean that swap trades booked by a foreign affiliate of a U.S.-based bank can escape many CFTC rules.
Wall Street is interpreting a footnote in July CFTC guidance to mean that swap trades booked by a foreign affiliate of a U.S.-based bank can escape many CFTC rules.