EXCLUSIVE: Two Leading House Dems Will Close $50 Trillion Loophole In Derivatives Reform Bills
The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...
The two House Democrats shepherding derivatives reform proposals through Congress will close an existing $50 trillion loophole for foreign currency co...
HuffingtonPost.com | Shahien Nasiripour | Posted 11.10.2009 | Business
In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...
boston.com | Michael Kranish | Posted 11.04.2009 | Business
WASHINGTON -- House Financial Services Committee chairman Barney Frank, under fire from some fellow Democrats and consumer groups for carving out what...
New York Times | GRETCHEN MORGENSON | Posted 10.17.2009 | Business
Derivatives regulation has been on the nation's financial reform agenda for months. Undoing the Clinton-era law that exempted swaps from oversight is ...
The Big Picture | Barry Ritholtz | Posted 10.08.2009 | Business
Any plan that seeks to reverse the unregulated wild west that derivatives have existed in since 2000 must have a simple beginning: Repeal the Commodit...
The Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 11.04.2009 | Business
Gary Gensler, the top regulator of the commodities markets, sees the U.S. financial system still "vulnerable" to the murky world of privately negotiat...
AP | MARCY GORDON | Posted 09.11.2009 | Business
WASHINGTON — The Obama administration on Tuesday sent Congress legislation seeking to impose broad new oversight on derivatives, the complex fin...
AP | MARCY GORDON | Posted 08.29.2009 | Business
WASHINGTON — With consumers hit by oil price swings, federal regulators may be moving toward imposing limits on speculative energy trading, whic...
Raymond J. Learsy | Posted 06.23.2009 | Business
Gensler will have to move away from the agency's "head in the sand" policy of recent years, while defending commodity futures trading against accusations of undue influence.
HuffingtonPost.com | Ryan Grim | Posted 05.07.2009 | Politics
The White House and Sen. Bernie Sanders, a Vermont independent, are in talks to resolve differences surrounding a controversial nomination to the Comm...
Robert Scheer | Posted 04.24.2009 | Business
Like most Americans, I am eager for Obama to succeed, but I see the nomination of Gary Gensler as further evidence that the president has entrusted his economic policy to the wrong people.
HuffingtonPost.com | Shahien Nasiripour and Ryan Grim | Posted 11.18.2009 | Business