CFTC Chairman discusses OTC derivatives regulation

Posted on February 16, 2010

Chairman Gensler
Photo Courtesy of
www.cftc.gov
In early January, Chairman Gary Gensler of the U.S. Commodity Futures Trading Commission, gave a speech to the Council on Foreign Relations in New York regarding the reform of over-the-counter derivatives markets. Chairman Gensler discussed the three key components to reform, being the explicit regulation of derivatives dealers, the increase in transparency of OTC derivatives markets and a move of standard OTC derivative transactions to regulated clearinghouses. Chairman Gensler gave a speech on the same topic on January 12 to the Atlantic Council. Legislation intended to regulate OTC derivatives passed the U.S. House of Representatives in December 2009.

Tags: , ,
Trackbacks (0) Links to blogs that reference this article Trackback URL
http://www.canadiansecuritieslaw.com/admin/trackback/194291
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.