"What the Treasury department sent to the Hill was almost a concept release of a very general nature, not with any real specificity. If the two people who put a hold on the nomination wanted something comprehensive and polished, that's not what the Treasury delivered."
--Philip McBride Johnson, head of derivatives at law firm Skadden, Arps, Slate, Meagher & Flom, on planned over-the-counter regulations in the U.S.
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