June 20, 2010
By Don Curren
U.S. financial reform legislation now being debated in Washington should ensure as many derivatives transactions as possible are routed through proposed clearing houses, said Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission.
The U.S legislation aims to introduce explicit regulations for derivative dealers and bring transparency to their books, Gensler said during a discussion panel at the annual conference of the International Organization of Securities Commissions (IOSCO)…
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Last Updated: August 5, 2010