Freelance writer/musician residing in Santa Monica, California
Education: MA - Music Performance, CSULA; BA - UCLA
Interests: jazz, writing, film, internet research, cooking
The federal government has recently put forth new regulatory proposals that would provide much needed oversight and monitoring of the derivatives trading market. According to Timothy F. Geithner, U.S. Treasury Secretary, in a letter to Senator Harry Reid, there are four major objectives to be achieved by these reform measures, including " (1) preventing activities in those markets from posing risk to the financial system; (2) promoting the efficiency and transparency of those markets; (3) preventing market manipulation, fraud, and other market abuses; and (4) ensuring that OTC derivatives ...
More..Kenneth Sawhill
Member since: May 2007
Articles Written: 7