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stewart-macbeth

Regulators and politicians in the US and Europe have been working hard to develop legislation to tighten up the over-the-counter derivatives market in recent months. Bills were passed by two House of Representatives committees in October, a further one emerged from the Senate Committee on Banking, Housing and Urban Affairs on November 10, while the European Commission (EC) detailed its future policy actions on October 20. There are notable differences between the various proposals, but on severa

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