nakedempire


The American Empire in a Changing World



Pages

Sunday, November 27, 2011

''WALL STREET loves to do business in the shadows. Sunshine, after all, is bad for profits''

this is why we protest.......from the nytimes.....

"So it is perhaps unsurprising that players in the derivatives market want to thwart one of the worthier aims of the Dodd-Frank financial regulation: to bring transparency to the huge market for instruments known as swaps. Now some in Congress, on both sides of the aisle, are trying to block that goal, too.
Dodd-Frank focused on adding transparency to derivatives in a couple of ways. The area now under fire involves its directive that the Commodity Futures Trading Commission create rules to “promote pre-trade price transparency in the swaps market”.........READ MORE

No comments:

Post a Comment