Fed Chief Greenspan Rejects Calls For Regulation Of Derivatives

METHODS & REGULATIONS

BOCA RATON, FLA--Citing the higher complexity and sophistication of banks' internal risk management processes, US Federal Reserve Board chairman Alan Greenspan rejected calls for increased regulation of the derivatives markets, in a speech at the Futures Industry Association conference.

His remarks followed calls earlier in the conference for more regulation of derivatives, following the losses and market turmoil of the third quarter of 1998.

Greenspan attributed many of the losses to more

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: