DALLAS--(BUSINESS WIRE)--“The CFTC's last-minute relief came as no surprise to most observers. It has been starkly apparent that the CFTC's own preparations for Dodd-Frank enforcement have been woefully inadequate--and it remains doubtful that, even with this arbitrary length of delay, that the CFTC will be able to 'shine the light of transparency' on the swaps markets as advertised by Chairman Gensler. Nevertheless, any further relief for market participants is unlikely to occur, and the CFTC will not be forgiving to those who fail to comply with the regulations. Companies should take advantage of this delay and move swiftly to complete compliance preparations," says Noah Shapiro, product manager, Allegro Development.
