The U.S. Securities and Exchange Commission plans to vote today on a plan that will define how far its regulations reach into a segment of the $710 trillion global swaps market. Transactions executed by foreign divisions of banks including JPMorgan Chase & Co. and Goldman Sachs Group Inc. will be subject to U.S. rules if the affiliate’s trades are legally guaranteed by the parent company, the SEC said in a statement. The new rule comes as Wall ...
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