New Senate Ag Chair warns regulators on swaps rules

Newswire

* Sen. Stabenow's first derivatives hearing in new role

* Stabenow warns CFTC, SEC against overreaching

By Sarah N. Lynch and Roberta Rampton

WASHINGTON, March 3 (Reuters) - The new chairman of the Senate Agriculture Committee warned market regulators against "overreaching" as they implement new rules for over-the-counter derivatives in the Dodd-Frank Wall Street reform law.

In her first major hearing on derivatives as head of the panel, Debbie Stabenow ...

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