Martin Wheatley, the ceo of the Hong Kong Securities and Futures Commission, held a farewell press conference which included setting out the challenges facing the region in over-the-counter derivatives reforms, while also criticizing U.S. Treasury Secretary Timothy Geithner, who claimed that Asia wasn’t keeping a fast enough pace with the U.S. on reforms. [In September 2011, Wheatley joined the U.K. Financial Services Authority as managing director of its consumer and markets business unit. He is set to become the ceo of the impending U.K. Financial Conduct Authority.]
