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REGULATORS AND REGULATION

The US Senate Banking Committee has held a hearing on Mark Brickell’s nomination for director of the Office of Federal Housing Enterprise Oversight (Ofheo), the regulator for government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac. Brickell, former managing director at JP Morgan and more recently chief executive of electronic derivatives exchange Blackbird, was grilled about whether his work as an anti-regulation derivatives

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