News, analysis and personal reflections on the markets & the financial sector

Tuesday, May 26, 2009

Treasury adopts banks' recommendations in derivatives regulation

The Treasury's proposal to regulate the over-the-counter derivatives market includes suggestions from Goldman Sachs, Credit Suisse, JPMorgan Chase and Barclays. In February, the banks told the Treasury that the Federal Reserve should expand regulatory practices to hedge funds and corporations, which do not face minimum capital and margin levels. 

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