11/3/2010

Gary Gensler, chairman of the Commodity Futures Trading Commission, and Michel Barnier, internal-market commissioner for the EU, issued a joint statement after meeting with industry leaders saying that they vow to cooperate on tougher regulation of the over-the-counter derivatives market. Gensler and Barnier discussed trading limits, better ways to address abusive practices, issues related to high-frequency trading and other areas of policy.

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