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Credit default swaps get another temporary exemption

|Includes: Bank of America Corporation (BAC), BCS, BNPQY, C, CRARY, CS, DB, GS, JPM, MER, MS, NMR, RBS, SCGLY, UBS, USB, WFC
The SEC recently extended “temporary” exemptions from the Securities Exchange Act for credit default swaps to allow for the anticipated implementation of the new Dodd-Frank Act which is meant to address gaps in current financial regulation.