Dodd-Frank Dampens Dealers’ Desire For OTC Changes

The Dodd-Frank Act appears to have dampened the desire of the 14 largest derivatives dealers to voluntarily commit to standardizing the over-the-counter market, reports Risk.net.

The Dodd-Frank Act appears to have dampened the desire of the 14 largest derivatives dealers to voluntarily commit to standardizing the over-the-counter market in the face of regulatory changes, suggests a letter by the Over-the-Counter Derivatives Supervisors Group.

Click here to read the story from Risk.net