June 23, 2009
SEC & CFTC Divide Up Regulation over Derivatives
The Washington Post reports that the SEC and CFTC have reached agreement on the division of regulation over derivatives, with one exception. The SEC would regulate derivatives linked to securities, the CFTC would regulate all others, and the agencies are still negotiating which would regulate derivatives linked to indexes. WPost, Broad Agreement Reached on Derivative Oversight.
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