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New York Halts Plan to Regulate Part of Credit Default Swap Market

National News • November 20, 2008
New York Insurance Superintendent Eric Dinallo will put his plans to regulate part of the credit default swap market on ice, instead favoring a broader regulatory plan, he said in Congressional ...

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Subject: RE: RE: Stick is Just So Big

Posted On: November 20, 2008, 2:24 pm CST
Posted By: InsMgmt
Comment:
No, I am for constructive change. I am not a fan of the NY Insurance Department and their heavy-handed approach to meaningful regulation. Call me a cynic, but I have this nagging sense that the NY Insurance Department has found its motivation for regulatory behaviour in politics, and the potential advantages gained by its members, rather than serving the needs of the citizens of NY.

Of course, I have been wrong about the motivations of others many times before, so let me apologize to the Commissioner if my thoughts are off-base.
Subject Posted By Posted On
RE: RE: Stick is Just So Big InsMgmt
Nov 20, 2008, 2:24 pm
RE: Stick is Just So Big David
Nov 20, 2008, 1:19 pm
Stick is Just So Big InsMgmt
Nov 20, 2008, 1:13 pm
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