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Derivatives Reform: The View from Main Street

Derivatives Reform: The View from Main Street

ISBN: 9781477666210
Publisher: CreateSpace Independent Publishing Platform
Publication Date: 2012-06-16
Number of pages: 80
Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.
$28.94

The House Agriculture Committee held a public hearing to review the impact of derivatives reform on end users and smaller financial institutions. This hearing comes at a pivotal point in the implementation of Title VII of the Dodd-Frank Act as the Commodity Futures Trading Commission (CFTC) moves from proposing rules to finalizing regulations. Members of the Committee heard from a diverse group of witnesses representing community banks, public power companies, rural electric co-ops, and manufacturers who expressed concerns that the CFTC's regulations may go too far, imposing unnecessary costs on their businesses. The witnesses expressed concerns that these costs would be passed on to their customers in the form of higher costs.

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