Congress considers regulating derivatives

The Washington Post has a story about how Congress is debating legislation whether to regulate derivatives. The legislation includes establishing a single agency to oversee credit and mortgage lending, to give the Federal Reserve new powers, and to tighten regulations over a host of financial firms and practices: The Obama administration formally proposed legislation on Tuesday to regulate exotic [...]

CFTC considers measures aimed at speculation

An interesting story from the Washington Post about the Commodity Futures Trading Commission (CFTC) chairman Gary Gensler considering implementing  policies that will reduce the price volatility caused by speculation on the commodity exchange. The CFTC also has plans to regulate derivatives (financial contracts whose prices are derived from the price of something else. CLICK HERE for more [...]