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Comissão de Valores Mobiliários, the Brazilian regulator, is set to pass a directive next month that should make it easier for banks to market OTC credit derivatives to retail investors.
A senior player in Brazil’s OTC markets...
“I am not interested in finding ways, nor do we have the authority, to delay, defer, modify, or in any way alter the path set by Congress.”
The CFTC's Bart Chilton defends rulemaking for swaps reporting