Bills On Derivatives Trading Rules Move To Full House

Law360, New York (November 30, 2011, 5:42 PM EST) -- A key committee in the U.S. House of Representatives on Wednesday passed a trio of bills aimed at weakening some of the provisions regarding derivatives trading contained in last year's financial regulatory overhaul.

The three bills target provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act governing the margin requirements for companies that use derivatives to hedge commercial risks rather than for financial speculation; the creation of swap-execution facilities to be used for derivatives trading; and the pooling of derivatives used by the subsidiaries...
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