Canceled?
"New rules on swaps may be delayed for sake of clarity" by Silla Brush, Bloomberg News / June 15, 2011
WASHINGTON — Rules scheduled to take effect in mid-July for the $601 trillion swaps market would be delayed until as late as the end of the year under a proposal by the Commodity Futures Trading Commission.
The agency’s commissioners voted 5 to 0 yesterday to propose “temporary relief’’ from some requirements set to be in place on July 16, a year from the enactment of the Dodd-Frank Act....
That damn law didn't change a thing -- but you were meant to believe it did!
--more--"
I don't want to trade anymore.
Posts
American Way: Why Barack Obama now has a battle on his hands for the 2012
election
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For several months Democrats were in denial, writes John Avlon. But now
they're waking up to the fact that this presidential campaign isn't going
to be a...
1 hour ago
