Prospects for derivatives end-users looking up following amendment to US OTC regs

The US House of Representatives voted yesterday on amendments detailing significant changes to proposed over-the-counter derivatives legislation, which could favour corporate end-users of derivatives. The House, which continues debating today, has been voting on 36 amendments to the Wall Street Reform and Consumer Protection Act of 2009, a comprehensive financial reform bill introduced to the House Rules Committee by the House Committee on Financial Services on December 2. Many of the amendme