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CFTC Gives Swaps Market More Time to Meet Some Rules

"The Commodity Futures Trading Commission gave the swaps market more time to meet certain requirements ahead of a Wednesday deadline for trading platforms.

"The CFTC in a series of letters issued late Friday delayed some data and registration requirements of the rules, which are aimed at forcing complex derivatives called swaps into open trading venues. Electronic trading platforms that want to trade swaps have to start complying with new rules Oct. 2.