"Our marching orders are to be the cop on the beat to understand the neighborhood, understand the products, and where we can stop things before they become bigger problems, we will."
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Derivatives

"Our marching orders are to be the cop on the beat to understand the neighborhood, understand the products, and where we can stop things before they become bigger problems, we will."

--Kenneth Lench, head of the U.S. Securities and Exchange Commission Enforcement Division's structured and new products unit, on its plan to investigate fraud in the derivatives market.

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