The winner of the U.S. Presidential race between incumbent Democrat Barack Obama and Republican challenger Mitt Romney will oversee either the next chapter for Dodd-Frank or its demise. For financial services firm, the choice voters make today will help them move out of an IT project limbo and toward more regulatory compliance or initiatives for… Read More >>
Q&A: CFTC
CFTC commissioner Bart Chilton says that no matter who wins the U.S. presidency on Tuesday, Nov. 6, the momentum for over-the-counter (OTC) execution, clearing and transparency reforms for the derivatives market is practically unstoppable. He adds that there would be little political support to return to the unregulated OTC world that triggered the Great Recession.GOP… Read More >>
Romney and Dodd-Frank
Conventional wisdom says Dodd-Frank will survive no matter who is elected president in November. But conventional wisdom also said that President Barack Obama would handily win last night’s first presidential debate. Yet an energized Mitt Romney, the GOP challenger, won. As the debate touched on Dodd-Frank, it’s time to ask again what Romney would do… Read More >>
