CFTC Calls Challenge To Data Swaps Rule Flawed

By Tom Zanki ( August 29, 2014, 1:32 PM EDT) -- The Commodity Futures Trading Commission filed a brief Thursday supporting its motion to dismiss the rest of a civil suit brought by the Depository Trust & Clearing Corp., arguing that the market utility's case rests on a faulty premise that the regulator wrongly approved a rule change that benefited a rival in the business of collecting data on swaps....

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