Financial Markets

 
Commentary: The Perils of Principle-Based Regulation
March 24, 2009
By Danielle D’Angelo of the Nelson Law Firm
In recent years, the SEC has been making a move toward more “principles-based” regulation, in which regulatory guidance provides broad compliance principles and leaves regulated firms to figure out how to apply those principles to their own circumstances. 
This effort has been [...]

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SATURDAY, JANUARY 17, 2009
Senate Bill Would Regulate OTC Derivatives and Credit Default Swaps
Jim Hamilton
A bill introduced by Senator Tom Harkin would bring all OTC financial transactions and credit default swaps currently traded without federal oversight onto regulated exchanges. The Derivatives Trading Integrity Act, S. 272, would establish stronger standards of transparency and integrity in the [...]

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