Crackdown on OTC derivatives coming

Sources say the SEC and the Commodity Futures Trading Commission are drafting legislation to split responsibility for cracking down on over-the-counter trading of derivatives like credit default swaps.  School of Law Professor Tamar Frankel, an authority on securities law, can discuss the possibilities.

“It’s time for regulators to remember their mission and cooperate.”

Contact Tamar Frankel, 617-353-3773,

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