For over five years now, mandatory clearing of OTC derivatives has been at the top of the agenda for many market participants across the globe. The US has successfully implemented clearing procedures, and now is in the process of resolving outstanding issues in its clearing infrastructure.
June 23rd, 2010 Frank Announces House Offer on Derivatives
April 2nd, 2010 Statement of Financial Services Committee Chairman Barney Frank
March 17th, 2010 Frank Statement on Senator Dodd’s Financial Reform Package