Dodd-Frank hinders new ODSG commitments

ny-federal-reserve
Federal Reserve Bank of New York - home of the ODSG

The passage of financial reform legislation is continuing to cause headaches for the Over-the-counter Derivatives Supervisors Group (ODSG) as it attempts to finalise its latest set of infrastructure improvement commitments before the end of March.

The ODSG – a body consisting of the largest 14 derivatives dealers (the G-14 banks), nine buy-side firms and a number of international regulators – is due to publish its latest commitment letter on March 31, but dealers involved in the negotiations

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