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UPDATE 2-US's Frank wants SEC/CFTC to decide on swaps clearing
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Forbes.com
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November 03, 2009
WASHINGTON/NEW YORK, Nov 3 (Reuters) - U.S. regulators should be given authority to determine whether a privately traded derivative contract should be cleared through a central clearinghouse, the chairman of the House Financial Services Committee said on Tuesday. The move would be highly controversi...
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