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SEC Clears Overseas Swaps Rules Amid Loophole Concerns

By Ed Beeson ( June 25, 2014, 6:00 PM EDT) -- The U.S. Securities and Exchange Commission on Wednesday passed its first set of rules to regulate overseas swaps transactions by spelling out when foreign entities are subject to its oversight, but the unanimous vote was marked by pointed criticism from the commission's Democratic wing about the rules' broad exemptions....

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