Over-The-Counter Derivatives Regulation Draft Bill Released
House Financial Services Committee Chairman Barney Frank released a discussion draft of legislation to regulate over-the-counter ("OTC") derivatives Friday on Capitol Hill. The draft is being circulated in anticipation of the Committee's hearing scheduled for Wednesday, October 7, 2009 on OTC derivatives.
Click here for the press release, and click here for the full text of the discussion draft of the bill.