Swap Restrictions Called Too Precautionary

07 Dec 2010

Troy Paredes, a senior commissioner on the U.S. Securities and Exchange Commission, has expressed concern that proposed definition changes under the Dodd-Frank Act regarding exemption thresholds for swap dealers were “unduly cautionary.”

Troy Paredes, a senior commissioner on the U.S. Securities and Exchange Commission, has expressed concern that proposed definition changes under the Dodd-Frank Act regarding exemption thresholds for swap dealers were “unduly cautionary.” Speaking at a public meeting in Washington, Paredes said the proposals may subject firms to heightened ...

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