New Derivatives Rules Need to Be Simpler, Cheaper, Republicans Tell CFTC
The CFTC should voluntarily follow President Barack Obama's effort to streamline regulations as it sets new rules on the $583 trillion swaps market, two top House Republicans said.
The "wide-ranging impact" of Dodd-Frank's derivatives measures "warrants a commitment to uphold the same standard of review that the president has set for other federal agencies."
Publication
Bloomberg
Date
January 27, 2011
Cross References
Dodd-Frank Act, Title VII