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Commodity market reform: Wall Street versus the regulators

Posted on 02 March 2011

From Truth-out.org: In contrast to the rapidity with which governments moved to use taxpayer funds to rescue the “too big to fail banks” in 2008, the pace of financial and commodity market reform since then has been agonizingly slow.
One factor frustrating re-regulation is financial industry resistance to reform, aided in the United States by Republican Party efforts to reimburse the financiers of their November 2010 electoral victory with initiatives to defund the regulatory agencies responsible for implementing the “Dodd-Frank Wall Street Reform and Consumer Protection Act.”……………………………………Full Article: Source

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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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