Law360, New York (November 19, 2010, 11:42 AM EST) -- The U.S. Commodity Futures Trading Commission on Friday unveiled a hotly anticipated real-time reporting rule for swap transactions, including a provision for a 15-minute delay for block transactions, as it was required to do under the recently passed overhaul of the financial regulatory system.
In addition, the CFTC laid out proposed rules for new swap data repositories, registration of swap dealers and the protection of investors when a counterparty goes bankrupt.
The rules, which were put forward at a CFTC open meeting, are part of approximately...
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