After JPMorgan Loss, GOP Delays Bills Weakening Dodd-Frank

Law360, New York (May 15, 2012, 6:32 PM EDT) -- House Republicans on Tuesday postponed a vote on bills that would loosen some of the Dodd-Frank Act's rules for over-the-counter derivatives, a sign that JPMorgan Chase & Co.'s $2 billion trading loss has at least temporarily given financial reform advocates some traction.

The House Agriculture Committee was set to vote Thursday on three bills that would pull back some of the restrictions on the previously lightly regulated market sector, but the committee's chairman said the vote would be delayed even though the bipartisan bills were not...
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