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Document Indicates US SEC, CFTC to Police OTC Derivatives

National News • July 10, 2009
U.S. Treasury Secretary Timothy Geithner is expected to propose on Friday giving securities and futures regulators authority to police the largely unregulated over-the-counter derivatives market, ...

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Subject: Who watches the watchdog

Posted On: July 13, 2009, 8:28 am CDT
Posted By: matt
Comment:
The SEC failed to identify Bernie Madoff's Ponzi scheme despite receiving substantial evidence of such (several times).

How confident are we that they can successfully regulate a $450,000,000,000,000 derivatives market?
Subject Posted By Posted On
Who watches the watchdog matt
Jul 13, 2009, 8:28 am
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