If this body is to create new regulations in the OTC markets to decrease the possibility of systemic risk and increase transparency, Congress must ensure robust competition and protect the ability of American businesses to use these markets to manage their energy, currency and other risks.
Kanjorski emphasizes the need for balanced regulations in OTC markets to support competition and business.
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In short, the time for common-sense regulation of this vast industry has arrived.
If Congress missteps, we run the risk of driving this market overseas and limiting the ability of companies to manage risks associated with their business practices.
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