Jeff Merkley actually said...

So the challenge of drawing that line between what is customized and providing that opportunity, if you will, to address it, also, then, the challenge that I think this is--I think this is what you are saying, but I will just repeat it and make sure I understand--is that you want to have appropriate boundaries on that to prevent that exception from being something that the entire derivative market is driven through.

Context

Merkley emphasizes the need for clear boundaries in derivative regulations.

12/02/2009

https://www.congress.gov...

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