OTC Derivatives—In the Crosshairs of US Legislative and Regulatory Change Part III: An Update
1 September 2009
Mayer Brown Legal Update
We have previously written about legislative and regulatory developments facing the over-the-counter (OTC) derivatives market. These development include a number of bills introduced in Congress as well as the framework outlined by the Department of the Treasury in the June white paper, “Financial Regulatory Reform: A New Foundation,” for a new regulatory regime for OTC derivatives to be implemented by legislation.