Carl Levin actually said...

We are working on a new set of limits for synthetic credit and the current CS01 will be replaced by something more sensible and granular.

Levin questioned the delay in updating risk limits despite regulatory requirements.

02/12/2012

More Carl Levin Quotes

For 10 years now, this Subcommittee has focused attention on the problem of excessive speculation in the commodity markets.

The reason that these are set up in these offshore locations is so that they can avoid that impact of that section of the Tax Code.

I think your statement here today is very important and hopefully will be relied upon and counted on as being factually accurate.

the moratorium on these letters which they have sent, which gives the green light to specific mutual funds to proceed in this area, runs rig...