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A bill that passed the House could halt parts of Dodd-Frank but Ops teams are not likely to be unduly impacted yet. However, it’s not exactly business as usual as similar efforts may be on the horizon.
Legislation passed the G.O.P.-dominated U.S. House of Representatives Tuesday that would scale back certain provisions of the 2010 Dodd Frank law — the latest in a series of recent victories for the law’s opponents. The bill – which would exempt end users of derivatives from onerous regulations, remove barriers to foreign regulators for obtaining data...
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