Posted by & filed under Governments & Regulators.

Description:   Gary Gensler has his work cut out for him. As chairman of the Commodity Futures Trading Commission, he is leading the charge to overhaul the murky $600 trillion derivatives market, which was at the center of the financial crisis. The Dodd-Frank Act, the financial overhaul law enacted last year, requires Mr. Gensler’s agency to draft dozens of new derivatives rules by July.

Source:  NYTimes.com
 
Date: 02/10/2011

Link: http://dealbook.nytimes.com/2011/02/10/at-center-of-debate-over-derivatives-a-gung-ho-regulator/?ref=business

Questions for discussion: 

  • What rules do you think should be top priorities for the commission?
  • Do you believe Gary Gensler’s commission can succeed in changing the regulatory environment at play?
  • What alternatives are there to introducing new rules for derivatives trading?

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