CFTC seeks to change swaps data rules to improve quality, simplicity of trading reports
By Neil Roland ( July 10, 2017, 22:00 GMT | Insight) -- The US Commodity Futures Trading Commission is launching a sweeping, ambitious plan to review swap-dealer reporting rules with the aim of producing new standards to improve and simplify derivatives transaction data relayed to trading repositories. The CFTC, under Chairman Christopher Giancarlo, wants to issue new rule proposals starting in the fourth quarter that would harmonize data fields in the trading reports with those sought by overseas and global authorities, according to commission documents.The US Commodity Futures Trading Commission is opening a sweeping review of swap-dealer reporting rules aimed at producing new standards to improve and simplify derivatives transaction data relayed to trading repositories....
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