U.S. services sector expansion slowed for a third straight month in May, weakening alongside new business activity, an industry report showed on Wednesday.
Commodity Futures Trading Commission is close to resolving an ambiguity in the Dodd Frank Act regulations that is causing confusion for energy companies, Risk.net reported.
The International Swaps & Derivatives Association said it will partner with Markit Group Ltd. to develop a system enabling counterparties to amend over-the- counter derivatives documentation in order to help compliance with Dodd-Frank regulations.