Senate bill deals blow to corporate users of derivatives

christopher-dodd
Christopher Dodd, Senate Banking Committee chairman

US corporates' hope for exemption from the central clearing of derivatives took a knock yesterday as a US Senate committee released a draft discussion bill that differs from two existing derivatives bills introduced in the House of Representatives.

The bill, the Restoring American Financial Stability Act 2009 - released by the Senate Banking Committee under the chairmanship of Senator Chris Dodd - proposes sweeping reforms to the regulatory system, including the creation of a single federal

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here