The list of firms referred to as "provisionally registered" included Societe Generale SA (GLE), Macquarie Bank Ltd., Newedge USA LLC, Morgan Stanley (MS) and Standard Chartered Bank (STAN), according to the website of the National Futures Association. No firms were listed as major swap participants, a lower threshold under Dodd Frank for activity that may capture energy companies or hedge funds.
The rules, more than two years in the making, will improve oversight of a market that for three decades has largely escaped federal regulation, Commodity Futures Trading Commission Chairman Gary Gensler said Oct. 10.
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