One Year Ago In Derivatives Week

Mary Johannes, director of U.S. public policy at the International Swaps and Derivatives Association, said she believed the U.S. over-the-counter legislation and regulation had a 50/50 chance of passing, at the ISDA annual regional conference in New York. [President Barack Obama signed the U.S. Dodd-Frank Act into law July 21 and the sweeping changes it will bring to the OTC industry have been the subject of constant debate, including at this year's ISDA annual regional conference (see conference coverage).]