TITLE

CFTC would get 8% more for enforcement; rules sought for hybrid deals

AUTHOR(S)
Reynolds, Katherine M.
PUB. DATE
February 1998
SOURCE
Bond Buyer;02/03/98, Vol. 323 Issue 30323, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the Bill Clinton administration's fiscal 1999 budget includes an eight percent increase in the provision for the United States Commodity Futures Trading Commission (CFTC). Market surveillance and enforcement; Promulgation of rules to prevent people from entering into hybrid transactions for the purpose of tax avoidance; Ramifications for the derivatives market.
ACCESSION #
201050

 

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