many questions unanswered however, and the road ahead will continue to be long and bumpy as the Senate takes up the debate. This study examines the current state of the OTC derivatives market as we move past the credit crisis, breaks down the bill into its individual components, outlines the potential impact of the legislation to the financial services industry, discusses which components of the bill will change or disappear and lays out a timeline for ultimate passage of the bill into law.
|OTC Derivatives US Regulatory Update:
A TABB Group Pinpoint
In December 2009 the US House of Representatives passed The Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) that, if made law, would bring with it the most sweeping changes to the derivatives market since its inception. The 200+ pages of derivatives focused legislation still leaves