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DTCC Connection

Stephen Foley, Financial Times | November 13, 2012


The Commodity Futures Trading Commission appears to have found a knight in shining armour, though the petty battle it faces is anything but heroic.

The Depository Trust & Clearing Corporation has ridden to the side of the US regulator, offering to help it defend a lawsuit filed last week by CME Group over the CFTC’s new rules on the reporting of swaps trades.

Download the Congressional Testimony: Quick View: The US swaps dispute sideshow