Senators at odds over derivatives end-user exemptions


The debate on end-user exemptions from derivatives legislation heated up yesterday, as one senator condemned the derivatives bill passed in the House of Representatives on December 11 – the Derivatives Markets Transparency and Accountability Act. The attack from senator Maria Cantwell comes just weeks before the Senate is due to debate its own version of the legislation, which is expected to mirror the exemptions contained in the House version.

Two Senate committees are drafting separate pieces

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