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CFTC Official Wants Skin In Game For Swap Clearinghouses

By Ed Beeson (December 4, 2014, 2:25 PM EST) -- Clearinghouses that function to lessen the risk of swap transactions themselves need to become a greater focus for global regulators, a member of the U.S. Commodity Futures Trading Commission said Thursday, as he pitched requiring such entities to keep skin in the game while blocking them from tapping customer cash in a crisis....

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