Obama reform holds back on OTC derivatives
WASHINGTON, DC - The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users last week (June 16) by again failing to provide new details on how OTC markets with mandatory central clearing would operate.
The US Treasury's Financial regulatory reform: A new foundation white paper proposes an ambitious overhaul of almost every element of the US financial regulatory framework, including plans to merge two commercial banking
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