On the recordSeptember 16, 2009
Congress also should explicitly authorize regulators to require derivatives dealers and counterparties to segregate, or set aside, from their own funds the margin collected from counterparties.
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congress.govCongress also should explicitly authorize regulators to require derivatives dealers and counterparties to segregate, or set aside, from their own funds the margin collected from counterparties.
Gensler advocates for regulations to protect counterparties in derivatives transactions.
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If I can say, breaking the law and not liking the law are different than lack of clarity.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.