Mark Warner said "I think it is important to note that although this legislation is about mitigating commercial risk, it permits a financial entity, not just a commercial entity, a financial entity, which is what a so-called central treasury unit is, to access the clearing exemption." @ PoliticalQuotes.com

On the recordMarch 23, 2015

I think it is important to note that although this legislation is about mitigating commercial risk, it permits a financial entity, not just a commercial entity, a financial entity, which is what a so-called central treasury unit is, to access the clearing exemption.

Said by

Mark Warner

Democratic · Virginia

Source

congress.gov

Editor's note · Context

Warns about financial entities accessing clearing exemptions under new legislation.

Share on X Share on Facebook Email this quote