Is this really the Obama/Dems plan to better regulate the highly volatile derivatives market?? Seriously? - financial derivatives and risk management
http://www.huffingtonpost.com/2009/10/08 ...
Hey kids! Did you hope that someone something to the derivatives market, which have caused much algae and ruining the economy can do to regulate? Ha, ha, it's adorable! Tina Seeley and Dawn Kopecki the Bloomberg report today that "legislation that Rep. Barney Frank, to promote derivatives regulation contains an exception that allows the majority of financial companies and avoid the disclosure of new security rules can. Great!
It is here that the exemption:
Bring a plan proposed by Obama would all dealers of swaps and "leading" to the new rules for capital, business, records and reports. [Representative Barney] Frank-version would exempt companies that definition, if the use of derivatives of "risk management" purposes.
While the proposal of Frank is a step in the right direction, "his" ambiguous "can define the risk a largeNumber of non-regulated, "said Henry TC Hu, head of the new division of the SEC risk, strategy and financial innovation, the Commission.
Friday, January 22, 2010
Financial Derivatives And Risk Management Is This Really The Obama/Dems Plan To Better Regulate The Highly Volatile Derivatives Market?? Seriously?
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Derivatives are a new type of financial instrument, and it is a first step in the right direction because they do not know much about them or their impact on the world market.
ReplyDeleteI suspect he prefers to leave things as they are, so it can not get off it? I can only assume that, since the solutions easy to criticize, but offer no alternative at all. (Hmm, that sounds very familiar ...)