[I]t is important for the Commission to finalize the swap dealer definition in a manner that is not overly broad, and that will not impose significant new regulations on entities that Congress did not intend to be regulated as swap dealers.
Lucas emphasizes the need for a precise swap dealer definition to avoid unnecessary regulations.
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There is significant concern about the lack of transparency in the Basel Committee's internal proceedings.
I want to call upon the Administration to appoint a successor as soon as possible.
I would point out that there are 6,600 employees who deserve a good workplace culture, but there are 330 million Americans who deserve good bank regulation.
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