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Derivatives Reform

Shahien Nasiripour

The Next Derivatives Regulator?

HuffingtonPost.com | Shahien Nasiripour | Posted 09.18.2013 | Politics

The White House is considering Elizabeth Ritter, a longtime lawyer at the Commodity Futures Trading Commission, to replace Gary Gensler as the chief U...

Shahien Nasiripour

Obama Set To Purge Top Wall Street Foe

HuffingtonPost.com | Shahien Nasiripour | Posted 06.11.2013 | Politics

President Barack Obama is poised to nominate Amanda Renteria, a former Senate staffer, to replace Gary Gensler atop the main U.S. derivatives regulato...

Former Wall Street Exec Introduces Bill To Roll Back Key Element Of Wall Street Reform

The Huffington Post | Chelsea Kiene | Posted 03.08.2013 | Politics

Rep. Jim Himes (D-Conn.), a former Wall Street executive, is joining Rep. Randy Hultgren (R-Ill.) to introduce legislation that would undercut one of ...

Eleazar David Melendez

Market Regulator Considers Watering Down Rules Meant To Prevent Another Collapse

HuffingtonPost.com | Eleazar David Melendez | Posted 03.01.2013 | Business

The federal regulator overseeing trading in derivatives -- an opaque realm worth hundreds of trillions of dollars at the center of the global financia...

Eleazar David Melendez

Is This The Next AIG?

HuffingtonPost.com | Eleazar David Melendez | Posted 02.14.2013 | Business

A crucial change in the way financial derivatives are packaged and sold on Wall Street is enabling traders to bypass new regulations aimed at limiting...

U.S. Moves Forward On Tough New Banking Rules

Reuters | Posted 09.07.2012 | Business

By Alexandra Alper WASHINGTON, July 8 (Reuters) - The U.S. swaps regulator is set to finalize this week a critical reform that will tr...

Blankfein Fears A World In Which People Are 'Made To Ask Questions'

The Huffington Post | Alexander Eichler | Posted 06.13.2012 | Business

With Jamie Dimon called on the carpet before the Senate Banking Committee Wednesday, it almost seemed like for a moment bankers were going to be held ...

Why a Banker Thinks Wall Street Should Be Regulated

Sanjay Sanghoee | Posted 07.21.2012 | Business
Sanjay Sanghoee

Most bankers are not the unethical and blindly greedy creatures that politicians and the media make them out to be; and there is no doubt that without the productive activities of the banking sector, no other industry in our nation would be able to survive or thrive. But that does not mean there isn't a ghost in the machine.

Don't Get Fooled Again

Taylor Lincoln | Posted 07.18.2012 | Politics
Taylor Lincoln

The JPMorgan episode may be the warning that Congress needs to return to its role of protecting the public rather than coddling the banks. But it also raises a question: How many times does a lesson have to be taught before it is learned?

Banks Push For Trading Loophole, Would Allow For More Whale Fails

The Huffington Post | Mark Gongloff | Posted 05.15.2012 | Business

U.S. banks might act worried about how JPMorgan Chase's trading pratfall will lead to tighter regulations on their own risky bets, but they've already...

Yet Another Regulatory Retreat

Mark Gongloff | Posted 06.18.2012 | Business
Mark Gongloff

Corporate America, with help from the Obama administration, has struck yet another blow against the scary financial regulations it claims will hurt th...

When You Speculate With Financial Derivatives, You Hurt Society

Slate | Eric Posner and Glen Weyl | Posted 04.06.2012 | Business

On Monday, the U.S. Commodity Futures Trading Commission issued an order prohibiting the marketing of a new set of derivatives that would have enabled...

Protect Taxpayers Now With a Strong Volcker Rule

Dennis M. Kelleher | Posted 04.14.2012 | Business
Dennis M. Kelleher

The argument for the Volcker Rule is obvious -- we shouldn't allow risky bets that pay enormous bonuses to bankers if they work, but stick taxpayers with the bill if they fail.

Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

Bloomberg | Simon Johnson | Posted 07.16.2011 | Business

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...

Ryan Grim

Leahy Presses Obama To Name Key Reformer To Swaps Panel

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

WASHINGTON -- Sen. Patrick Leahy (D-Vt.) is lobbying President Obama to appoint Sean Cota, a Vermont business owner and an advocate of the regulation ...

Derivatives Industry Report Collapses

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The financial industry is making completely baseless claims about derivatives and must resort to hollow chicanery in a deliberate attempt to mislead the public and to fool people on Capitol Hill.

The Wall Street "Trader Tax": Is Congress Targeting the Wrong Trades?

Chris Glorioso | Posted 05.25.2011 | Business
Chris Glorioso

One can debate whether a trader tax is wise or unwise on the whole, but it seems spurious to suggest the bulk of the tax burden should fall on traditional equities like stocks.

Government Regulator Crafts New Derivatives Rules With Outside Help

Paul Blumenthal | Posted 05.25.2011 | Business
Paul Blumenthal

The Commodity Futures Trading Commission (CFTC) has been tasked, along with the Securities and Exchange Commission (SEC), with setting new rules governing the transparent trading of derivatives for the first time.

Alan Greenspan -- Stopped Clock of the U.S. Economy

Terrance Heath | Posted 05.25.2011 | Business
Terrance Heath

A stopped clock is indeed right twice a day, but only for a minute each time. Former Fed chairman Alan Greenspan may be well on his way to being the stopped clock of the American Economy.

Derivatives Reform: The Huge Two Loopholes Congress Is Fighting Over

rortybomb.wordpress.com | Mike Konczal | Posted 05.25.2011 | Business

We discussed two potential derivatives loopholes in the bill (One, Two), the first being about what constitutes a trading facility, and the second is ...

The Stealthy Deregulation of Energy

Wallace Turbeville | Posted 05.25.2011 | Green
Wallace Turbeville

A colleague with an encyclopedic knowledge of the economy told me recently that he did not have a good feel for energy deregulation. My friend thought its obscurity may have been planned by the industry.

Highlights Of The Financial Overhaul Bill (PHOTOS)

HuffPost/AP | Posted 05.25.2011 | Business

Congress just passed a sweeping overhaul of America's financial regulatory system. The financial bill cleared the Senate by a vote of 60 to 39, and ...

Derivatives Reform Will Benefit -- Not Burden -- End Users

Jim Collura | Posted 05.25.2011 | Business
Jim Collura

The only derivatives users that need worry about this reform are those that have exploited the status quo recklessly and irresponsibly, driving up costs for all Americans and threatening our nation's economic stability and competitiveness.

Banks Must Be Barred from Dealing Derivatives: It's NOT a Normal Part of the Business of Banking

SAFER | Posted 05.25.2011 | Business
SAFER

Jane D'Arista and Gerald Epstein Political Economy Research Institute (PERI), University of Massachusetts, Amherst and Coordinators of SAFER The furo...

Shahien Nasiripour

Ex-Bear Stearns Chief Splits With Wall Street, Endorses Regulating Derivatives

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The former chief executive officer of failed investment bank Bear Stearns endorsed Congress's push to mandate federal re-regulation of derivatives. ...