Saving the Dodd-Frank act derivatives reforms
The Dodd-Frank Act included important reforms of the derivative market. Nearly three years after passage of the Act, Congress is now considering amendments. I’m testifying this week on the derivatives reform amendments before the U.S. House of Representatives in opposition of several of the amendments as a reversal of the needed reform. Title VII of the Dodd-Frank Act mandates important changes in U.S. derivative markets