WASHINGTON -- The Chicago Board of Trade asked regulator yesterday to clear the way for futures exchanges to offer swaps contracts, including municipal swaps products, to exchange members and other market participants.

The board is asking the Commodity Futures Trading Commission to give swaps offered through futures exchanges the same reprieve from extensive futures regulation that the over-the-counter swaps market won in a rule approved by the CFTC on Jan. 15.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.