16.09.2011 - Wall Street outweighs investors in swaps influence, Gensler says
Wall Street firms have been more active than other players in seeking to influence regulators writing rules for the $601 trillion swaps market, said Gary Gensler, head of the U.S. Commodity Futures Trading Commission. “Large institutions usually have an outsize interest in getting to us and investors tend not be knocking on our doors as much,” Gensler said today at the Bloomberg Markets 50 Summit in New York. “There is a little imbalance.”.............................................Full Article: Source
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