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Better Markets Applauds CFTC Decision Not to Encourage Regulatory Arbitrage through Expansive Exemptions for Foreign Clearinghouses

Earlier this week, the Commodity Futures Trading Commission (CFTC) finalized a framework for exempting certain foreign clearinghouses from U.S. derivatives clearing organization registration requirements. Joseph R. Cisewski, Senior Derivatives Consultant and Special Counsel for Better Markets, discusses the significance of the move.