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WASHINGTON -- As two federal regulators asked a House panel to tighten proposed legislation imposing new oversight on derivatives, Republican lawmakers contended the measure already could eliminate jobs and stifle companies' ability to manage risks. Full Article at The Washington Post
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“I think there is some room now to tighten up some of what we are doing,” Frank said. Full Article at The Hill
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The push to enact a sweeping financial regulatory overhaul faced further obstacles on Wednesday as Congress and regulators appeared more divided than ever on how best to tackle oversight into the opaque $600 billion over-the-counter derivatives market,... Full Article at Dealbook
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WASHINGTON — As two federal regulators asked a House panel to tighten proposed legislation imposing new oversight on derivatives, Republican lawmakers contended the measure already could eliminate jobs and stifle companies' ability to manage risks. Full Article at Centre Daily Times
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WASHINGTON (Reuters) - Some of the world's biggest companies and U.S. market watchdogs locked horns on Wednesday on legislation to regulate the opaque $450 trillion private swaps market. Full Article at Reuters
Related Quotes
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We are concerned that regulators will be ceded too much authority to determine what companies are subject to regulatory thresholds
SOURCE: Reuters -
That's the crux of all of this, trying to prevent and find systemic risk before it happens
SOURCE: Pakistan News.net -
This is the best job they've done at defining some of the terms we've been talking about since summer
SOURCE: Pakistan News.net -
The Treasury proposal is a significant step forward ... I believe it should be strengthened in several ways to further avoid regulatory gaps.
