CFTC offers last-minute Dodd-Frank relief
The US Commodity Futures Trading Commission (CFTC) has given commodity and energy firms temporary relief from some parts of Dodd-Frank, by providing them more time to switch from using swaps to futures and raising the amount of business they can do with public utilities before being classed as swap dealers.
The respite came just as the agency's swap dealer rule was due to take effect on October 12.
"Without this relief, a number of companies would potentially have been in non-compliance today,"
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