Regulation toughens up

Nick Sawyer

Any article on derivatives regulation risks being out of date before the ink dries these days. Certainly, the back and forth in the US Senate over the latest package of financial reforms is moving at breakneck pace.

As Risk went to press at the end of April, a bill combining the strongest elements from draft legislation penned by Christopher Dodd, chairman of the Senate Committee on Banking, Housing and Urban Affairs, and Blanche Lincoln, chair of the Senate Committee on Agriculture, Nutrition

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