CFTC Dodd-Frank rule-making to drag on until fourth quarter, says O’Malia
CFTC commissioner raises doubt over time line for Dodd-Frank Act – despite a proposed five-month delay
Crucial outstanding Dodd-Frank rule-makings will not be completed until June and July, and some may even take longer, according to a draft timetable released yesterday by Scott O'Malia, a commissioner at the Commodity Futures Trading Commission (CFTC).
The timetable was published on the same day the CFTC proposed an order that extends the start date for swap regulation under the Dodd-Frank Act until December 31, 2012 at the latest – a five-month postponement from the previous date of July 16
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