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CFTC likely to scrap Obama dealer capital plan, propose new one, Quintenz says

By Neil Roland ( April 5, 2018, 19:43 GMT | Insight) -- The US Commodity Futures Trading Commission is likely to set aside the pending Obama-era plan setting capital requirements for derivative dealers and propose a new one, Commissioner Brian Quintenz told MLex. “There are a lot of improvements necessary from the prior proposal to better account for risk,” he said in a recent interview. “We’re at a preliminary stage.” CFTC Chairman Christopher Giancarlo, then a commissioner, also expressed concerns about the December 2016 proposal when it was issued.The US Commodity Futures Trading Commission is likely to set aside the pending Obama-era plan setting capital requirements for derivative dealers and propose a new one, Commissioner Brian Quintenz told MLex....

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