The European June 17 deadline looks set to be extended by at least a month
European and US
regulators look set to resolve their long running dispute over
US clearing house equivalence with both sides confirming they
intend to reach an equivalence decision over the coming months
but possibly after the June 17 deadline.
Jonathan Hill, European
Commissioner for Financial Stability and Services, and Timothy
Massad, chairman of the Commodity Trading Futures Commission
(CFTC), said on Thursday they had "agreed to continue their
discussions with the aim of finalizing an approach by the
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