Industry Tries To Nix OTC State Regulations

19 Aug 2009

The derivatives industry is lobbying members of Congress to include provisions in the proposed federal derivative laws that would pre-empt any similar state legislation.

The derivatives industry is lobbying members of Congress to include provisions in the proposed federal derivative laws that would pre-empt any similar state legislation. The lobbying effort appears to a response to proposals by the National Association of Insurance Regulators to give state insurance regulators the authority to ...

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