Political Quotes

Mike Crapo: “While the central counterparty clearing and exchange trading of simple, standardized contracts has the potential to…”

On the recordJune 21, 2009
While the central counterparty clearing and exchange trading of simple, standardized contracts has the potential to reduce risk and increase market efficiency, market participants must be permitted to continue to negotiate customized bilateral contracts in over-the-counter markets.
Said by
Mike Crapo
Republican · Idaho

Editor's note · Context

Advocates for maintaining the ability to negotiate customized contracts despite regulatory changes.

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