Trading fall prompts amendment to the Dodd Bill

David Benyon
11 May 2010

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The dramatic plunge experienced in the US markets last Thursday ostensibly caused by a fat finger error has prompted two democrat senators to request an amendment to the financial reform bill to include risk controls over trading errors. As reported by Reuters, a letter sent to Christopher Dodd, chairman of the Senate Banking Committee, called for US regulators to report on the causes of the shock plummet in stock prices.

Senators Ted Kaufman and Mark Warner have asked for an amendment to the

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