Senator Introduces Derivatives Bill

22 Sep 2009

Sen. Jack Reed (D-R.I.) introduced a new over-the-counter derivatives bill this afternoon, a month after the Obama administration presented its own OTC bill to Congress.

--Zeke Faux

Sen. Jack Reed (D-RI) introduced a new over-the-counter derivatives bill this afternoon, a month after the Obama administration presented its own OTC bill to Congress.

According to a statement by Reed’s office, his bill “includes stronger business conduct requirements” for dealers and gives the ...

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