Asia is right to stand together on extraterritoriality

Standing against the CFTC’s Gary Gensler on derivatives is justified. Ceding to his aims will only damage the ability to hedge risk.

By Black Swan

Sep 27, 2012

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It is not often Asian regulators make a public show of solidarity, so, it was very interesting to see them coming together against the Commodity Futures Trading Commission’s (CFTC) guidelines on derivatives trading.

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