Cleared swaps by ProQuest

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Commodity Futures Trading Commission Chairman Gary Gensler reiterated his goal of moving over-the-counter derivatives to central clearinghouses while speaking before an audience of futures professionals at the Futures Industry Association's annual conference in Boca Raton, FL. At the same conference, Martha Tirinnanzi, chairperson of the clearinghouse working group of the Federal Housing Finance Agency (FHFA), said she will nor wait for new rules to mandate clearing before moving the FHFA's book of OTC interest rates swap into a clearinghouse. Tirinnanzi said the FHFA will begin clearing OTC swaps within one to two months.

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