Persuaded that lax regulation of financial derivatives contributed to the 2008 financial crisis, policymakers in Congress and the Obama Administration have adopted a knee-jerk solution: regulate ...
On 30 July 1998, Alan Greenspan, then Chairman of the Federal Reserve argued that: “Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary.” On 30 July ...
The Federal Deposit Insurance Corp. found "shortcomings" in the resolution plans of three of the largest banks last week, and found Citigroup's resolution plan "deficient," all because of problems ...
Several members of the International Swaps and Derivatives Association (ISDA) have discussed initial “teething problems” following the implementation of swaps margin rules on 1 September. Scott ...
Pennsylvania’s gambling regulator has written to Federal officials to warn of the threat posed by sports prediction markets ...
The biggest U.S. banks are likely to see little impact from a portion of the Dodd-Frank Act that seeks to constrain derivatives activity. In a report Tuesday, Fitch Ratings argues that the “swaps push ...
SAN FRANCISCO (MarketWatch) -- Former Federal Reserve Chairman Alan Greenspan said on Thursday that there are "serious problems" associated with credit-default swaps, roughly six years after he ...
Gretchen Morgenson, take note: this is how to write a good article about municipalities dabbling in derivatives. But the fact is that municipalities around the world have been ripped off by ...
A self-proclaimed Democratic socialist without a super PAC, Vermont senator Bernie Sanders has pretty much hinged his entire campaign on taking down Wall Street. He calls the economy "rigged," and he ...
Question/Comment: On the NewsHour tonight, the speaker stated that some the problem with the fall of Wall Street is related to use of derivatives and lack of regulation of this. Could you explain ...