Revised Dodd bill includes tough U.S. swaps rules
WASHINGTON, April 27 |
WASHINGTON, April 27 (Reuters) - A revised version of Democratic Senator Christopher Dodd's bill to overhaul U.S. financial regulation includes provisions that could require banks to spin off their swaps desks, according to a copy of the measure obtained by Reuters on Tuesday.
Other aspects of the 1,558-page bill remain largely the same as earlier legislation from the Senate Banking Committee.
(Reporting by Kevin Drawbaugh, Rachelle Younglai and Karey Wutkowski)
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