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CFTC Postpones Derivs Vote

U.S. regulators have postponed a vote on new governance rules for derivatives clearinghouses and trading platforms.

U.S. regulators have postponed a vote on new governance rules for derivatives clearinghouses and trading platforms, The Wall Street Journal reports. The rules were scheduled for a vote by the Commodities Futures Trading Commission on January 13.

The CFTC had released a proposal in October to curb the ownership stakes that banks and other swaps dealers can hold in clearinghouses, exchanges and swap-execution facilities. CFTC Chairman Gary Gensler had pulled a vote on draft rules to restrict speculation in commodities markets on December 16.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Bloomberg.

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