SEC's Hu says derivatives bill would provide "gaming" opportunities

10/8/2009 | Bond Buyer (free content), The

Henry Hu of the Securities and Exchange Commission urged the House Financial Services Committee to alter its legislation overhauling regulation of the derivatives market to treat all securities-based swaps as securities. Rep. Barney Frank, chairman of the committee, and the Commodity Futures Trading Commission opposed the request.

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Bond Buyer (free content), The