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Banks to slam wide reach of Dodd Frank swap rules
Story Date: 2/13/2012
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Source: Alexandra Alper, REUTERS, 2/8/12
Foreign and U.S. banks plan to warn lawmakers on Wednesday that broad application of U.S. swaps rules could undermine U.S. competitiveness abroad, increase the cost of hedging and even provoke brinkmanship among international regulators.
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