House committee approves extension for Dodd-Frank rule-makings
Vote is unlikely to delay reform implementation
The US House Financial Services Committee has voted to extend the deadlines for certain provisions of the Dodd-Frank Act, although many key deadlines contained in Title VII of the bill have been left untouched – including the original July 21 deadline for the passage of final rules governing clearing procedures for over-the-counter swap products.
In a frequently bad-tempered meeting in Washington
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