01/14/2009
https://www.congress.gov...
"We cannot always count on good luck, as you know."
"Would requiring companies to use standardized cleared products or forcing them to post margin... increase risk in the financial system or decrease it?"
"Regulators are hastily proposing rules to meet the extremely short deadlines without fully considering either their economic impact or how they interact with the rules proposed by other regulators."
"This process is a direct result of the poorly conceived regulatory structure created by the Dodd-Frank legislation."