The Commodities Futures Trading
Commission (CFTC) will finalise guidance on the cross-border
application of the Dodd-Frank Act by and phase-in compliance
with swaps rules in 2013, CFTC Chairman Gary Gensler has
CFTC rules require transactions with a direct and
significant effect on US commerce or activities be subjected to
US compliance requirements. The Securities & Exchange
Commission (SEC) did not receive a...