New rules passed out of committee today in the U.S. Senate could fundamentally change the way OTC derivatives are traded in the United States. As the industry digests the potential fallout, initial reactions are mixed. Here's a look at the headlines.
- Financial Reform Toughens Up, But Unclear If It's Smartened Up
- Lincoln Bill Passes With Republican Support
- Chambliss, GOP lose a round in financial reform fight
- Airline CEOs push for derivatives reform legislation
- SEC chief says parts of derivative bill flawed
- Nuns, Priests See Derivatives as a Social Issue
- Financial regulation reform faces stiff opposition