Fri, May 29, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodities Exchanges, Futures and Options more

Senator seeks to force derivatives onto exchanges

Posted on 21 November 2008

From CNN: US Senate Agriculture Committee Chairman Tom Harkin, D- Iowa, plans to introduce a bill Thursday that would force all over-the-counter derivatives, including credit-default swaps, onto regulated futures exchanges.

The bill, if eventually made law, would essentially mean that all derivatives would be defined and traded as futures contracts. In forcing them to be traded this way, it would grant the U.S. Commodity Futures Trading Commission sole regulatory jurisdiction. It would also put to rest recent questions over which federal regulator should have oversight of complex swap products….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 40705 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31