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Commentary: Swaps Reporting is a Flawed Response to a Pressing Need

Traders Magazine Online News, January 10, 2011

Stephen J. Nelson; The Nelson Law Firm, LLC

Transactions in debt securities, like swaps, are often inefficient and labor-intensive. Dodd-Frank attempts to fill this void by decreeing that there shall be something called a "security-based swap data repository," which does not exist at the present time.

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