Role of Derivatives in Current Financial Crisis
The Senate Agriculture Committee held a hearing on the role of derivatives in the current financial crisis and regulatory issues pertaining to… read more
The Senate Agriculture Committee held a hearing on the role of derivatives in the current financial crisis and regulatory issues pertaining to them. Credit swaps and derivatives function in many respects like futures contracts traded on exchanges regulated by the Commodity Futures Trading Commission. The Senate Agriculture Committee hearing explored the scope of the CFTC’s authority under existing law and whether this authority is adequate in the wake of the current financial crisis. close
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Ananda K. Radhakrishnan Director Commodity Futures Trading Commission->Division of Clearing and Intermediary Oversight
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