CFTC Seeks Industry Input On Swaps Data Reporting Rules

Law360, Washington (March 19, 2014, 6:18 PM EDT) -- The acting chairman of the U.S. Commodity Futures Trading Commission on Wednesday said the agency was seeking public comment on its swaps data record-keeping and reporting requirements, in an effort to improve the quality of its swaps transactions oversight.

Acting CFTC Chairman Mark Wetjen said in a statement that the new comments would hopefully lead to improvements in the quality of the swaps data collected by the agency as part of its regulation of the derivatives industry.

"To do its job, the commission must have accurate...
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