Gensler Says CFTC May Stagger Start Dates for Swap Market Rules
February 4, 2011
The CFTC may stagger the effective dates for Dodd-Frank Act rules to govern the $583 trillion swaps market, CFTC Chairman Gary Gensler said today in a speech.
"Public comments will help inform the commission as to what requirements can be met sooner and which ones will take a bit more time," Gensler said in remarks prepared for delivery by videoconference to an American Bar Association derivatives and futures law committee at a conference in Naples, Florida.
Cross References
Dodd-Frank Act, Title VII