Willa Bruckner was quoted in a Wall Street Journal article discussing the CFTC’s unanimous vote to delay certain swaps rules until as late as December 31, 2011, in order to avoid confusion in the over-the-counter derivatives market in the wake of regulators’ failure to meet the July 16, 2011, deadline for new rules set by Congress in the Dodd-Frank legislation. Willa spoke about the possibility of legal challenges against swap deals entered into after the deadline. “Providing clarity that transactions that were exempt pre-Dodd-Frank will continue to be exempt during this extended rulemaking period is critical for certainty in the markets,” she said.
In the News
June 15, 2011
Willa Bruckner Quoted in Wall Street Journal
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