Thursday, June 4, 2009

Regulator to Detail Plan to Oversee Derivatives - NYTimes.com

Gary G. Gensler, the top regulator for futures trading, will provide significant new details of a plan announced three weeks ago by the Treasury secretary, Timothy F. Geithner. Mr. Gensler will disclose his proposal before the Senate Agriculture Committee, which oversees the commission.

Lawmakers said they had been told that Mr. Gensler would propose two sets of regulations — one set for the individual dealers of derivatives and a second set for the marketplaces where the instruments are traded.
Regulator to Detail Plan to Oversee Derivatives - NYTimes.com
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