The German Finance Ministry is concerned about an order last week issued by U.S. President Donald Trump to review major banking rules that were put in place after the 2008 financial crisis, a senior government source said on Thursday.
Somehow Messrs.’ Gary Gensler and Bart Chilton have been given hero status by those general and left leaning media outlets. That only proves that those outlets have never attempted to cultivate sources within the Futures and derivatives space.
Financial reform was signed into law six months ago and regulators have been busy moving it from theory to a rules-based structure. Now, hopes and reality are starting to clash as challenges arise for all participants