The Depository Trust and Clearing Corporation (DTCC) has set up an office in Washington DC, Reuters reports. The new office will be headed by Daniel Cohen, who will be managing director and head of government relations. Cohen, previously with medical device and healthcare companies, will represent DTCC before Congress and regulators. DTCC has also received approval from the Commodity Futures Trading Commission for its start-up clearinghouse for interest rate futures, a joint venture with NYSE Euronext.

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