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Derivatives Portion of Dodd Bill Similar to Earlier Draft, but Likely to Be Amended

March 16, 2010 in Banking Report · Leave a Comment 

Senate Banking Committee Chairman Chris Dodd’s (D-Conn.) second attempt at crafting language to regulate over-the-counter derivatives, which he debuted March 15, looks a lot like the proposal he released on the matter in November—but it might not stay that way for long.

In releasing the revamped proposal called Restoring American Financial Stability, Dodd’s office said…

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