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U.S. Treasury proposes regulatory framework for OTC derivatives

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • May 15 2009

On May 13, the U.S. Department of the Treasury (the “Treasury”), in a joint statement with the Commodity Futures Trading Commission (“CFTC”) and the Securities and Exchange Commission (“SEC”), announced its intention to seek legislative changes that could significantly alter the regulatory framework for over-the-counter (“OTC”) derivatives transactions and markets in the United States