May 22, 2012

Derivatives Market Regulation and Oversight

Mary Schapiro and Gary Gensler testified on the derivatives market and the ongoing implementation of the Dodd-Frank 2010 financial regulations… read more

Mary Schapiro and Gary Gensler testified on the derivatives market and the ongoing implementation of the Dodd-Frank 2010 financial regulations law. Much of the hearing focused on JPMorgan Chase’s recent $2 billion trading loss, which Chairs Schapiro and Gensler said they heard about via media reports. Chair Schapiro said that according to preliminary investigation, JPMorgan Chases losses happened out of the U.S.; therefore, the Securities and Exchange Commission (SEC) had no oversight or knowledge. She added that if Dodd-Frank had been fully implemented, regulators could have spotted the loss. close

Report Video Issue

People in this video

Bob Corker U.S. Senator (Class 1) [R] Tennessee
Gary G. Gensler Chair Commodity Futures Trading Commission

Kay R Hagan U.S. Senator [D] North Carolina
Mike Johanns U.S. Senator [R] Nebraska
Tim P. Johnson U.S. Senator [D] South Dakota
Bob Menendez U.S. Senator (Class 1) [D] New Jersey
Jeff Merkley U.S. Senator (Class 2) [D] Oregon
Jack Reed U.S. Senator (Class 2) [D] Rhode Island
Mary L. Schapiro Chair Securities and Exchange Commission
Chuck Schumer U.S. Senator (Class 3) [D] New York
Richard C. Shelby U.S. Senator (Class 3) [R] Alabama
Patrick Toomey U.S. Senator (Class 3) [R] Pennsylvania
Mark R. Warner U.S. Senator (Class 2) [D] Virginia

More People

Hosting Organization

Senate Banking, Housing, and Urban Affairs Committee

1,292 Views

Program ID:: 306162-1
Category:: Senate Committee
Format:: Senate Committee
Location:: Washington, District of Columbia, United States
First Aired:: May 22, 2012 | 10:06am EDT | C-SPAN 1
Last Aired:: May 27, 2012 | 3:15pm EDT | C-SPAN 1

Airing Details

May 22, 2012 | 10:00am EDT | C-SPAN RADIO
May 22, 2012 | 10:06am EDT | C-SPAN 1
May 22, 2012 | 1:55pm EDT | C-SPAN 2
May 22, 2012 | 8:01pm EDT | C-SPAN 1
May 23, 2012 | 12:37am EDT | C-SPAN 1
May 23, 2012 | 5:02am EDT | C-SPAN 1
May 23, 2012 | 1:59pm EDT | C-SPAN 3
May 24, 2012 | 6:14pm EDT | C-SPAN 3
May 27, 2012 | 3:15pm EDT | C-SPAN 1

MP4 video - Standard

Price:

$6.99 or Free with MyC‑SPAN

Request Download
Alert me when this program is available for purchase.
- Name
- Email
Error requesting format availability.

Your request has been submitted.
MyC-SPAN users can download four Congressional hearings and proceedings under four hours for free each month.

There was an error processing your purchase.
MP3 audio - Standard

Price:

$0.99

Request Download
Alert me when this program is available for purchase.
- Name
- Email
Error requesting format availability.

Your request has been submitted.
There was an error processing your purchase.

Related Video

See all on Banking & Financial Markets Regulation

June 6, 2012
Dodd-Frank Financial Regulations Law Implementation and Oversight

The heads of federal financial oversight agencies testified on on the implementation of the 2010 Dodd-Frank financial…
June 13, 2012
Oversight Hearing on JPMorgan Chase

Jamie Dimon testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry.…
January 31, 2012
Consumer Financial Protection Bureau Semiannual Report

Richard Cordray testified on the first semi-annual report of the Consumer Financial Protection Bureau. In that report,…
December 6, 2011
Financial Regulations Bill Implementation

Witnesses testified on the implementation of the 2010 financial regulations law. Witnesses also testified about the collapse…