CFTC steps back from controversial 85% rule
In the latest chapter of the struggle to implement the US Dodd-Frank Act, the Commodity Futures Trading Commission (CFTC) decided on May 10 to delay some rules until the end of the year, while indefinitely shelving one particularly unpopular measure.
This is not the first time implementation of the rules has been delayed. Originally scheduled to become effective in July 2011, the rules had been pushed back to July 2012 before the latest decision to extend relief until December 31.
The latest
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