CFTC Commissioner Bart Chilton Talks Benefits Of New Global Swaps Regulations

The Commodities Futures Trading Commission's Bart Chilton pushed to pass new regulations on swaps trades on a global scale on CNBC's Squawk Box Friday morning. Today, the regulations passed 3-1. Related: Sen. Elizabeth Warren (D-MA) Defends 21st Century Glass-Steagall Act "We are doing a cross-border guidance for swaps trading.