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Loan Modification

: Mortgage Lender Implode-o-Meter

Derivatives Look Set to Escape Any Serious Regulatory Reform

By Implode-Explode Heavy Industries

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"The United States and United Kingdom have apparently backed away from previous commitments to forcing most OTC derivatives transactions onto centralised exchanges, Oxford Analytica notes. Given the high importance of the US and UK capital markets globally, this climb-down essentially guts a regulatory aim flagged by the G20 as a rhetorical priority."

Full post as published by Mortgage Lender Implode-o-Meter on January 06, 2010 (boomark / email).

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