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Dodd-Frank measure requires largest dealers to guarantee trades at clearinghouses.
Department says FX swaps and forwards are already highly transparent.
Probe led by House GOP says Corzine expanded before ensuring the profitability of core business.
Lawsuit over swap-data rules will undermine efforts to boost transparency, DTCC says.
EC's Pearson warns that CFTC's cross-border approach will cause conflicts.
U.S. derivatives regulators to meet with European and Asian officials today to resolve differences.