Chairman Lincoln has released a strong bill that would establish essential protections for the American public. The bill would comprehensively regulate over-the-counter derivatives dealers and require standardized derivatives to be traded on transparent trading platforms and cleared through central counterparties. I look forward to continuing to work with Chairman Lincoln, the Senate Agriculture Committee and the full Senate on this important legislation.
Statement of Chairman Gary Gensler on the Wall Street Transparency and Accountability Act of 2010
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Julia Schieffer
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Julia Schieffer is the Founder & Editor of DerivSource.com, a leading online information source for OTC derivatives and post-trade professionals. A seasoned journalist, Julia specialises in OTC derivatives pre- and post-trade operations, technology (fintech/regtech), risk management and regulation....
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