Skip to main content


April 19, 2012

Feds soften rule on oversight of complex markets

Federal regulators have softened a plan to oversee companies that trade financial derivatives, the complex investments that played a central role in the 2008 financial crisis.

The decision defines which companies that trade derivatives will face tougher oversight by regulators. Most companies that deal in derivatives would be exempt.

Groups that advocate stricter oversight of the financial industry condemned the rule, saying regulators had bowed to industry demands and sidestepped Congress’ desire to crack down on derivatives.

“This rule is an indefensible retreat from financial reform,” said Dennis Kelleher, president and CEO of Better Markets, a group that pushes for stricter limits on financial companies’ activities. “It also is a poster child for … the influence that the financial industry has at the regulatory agencies,” Kelleher said in a statement.


Read full Associated Press article here.


In the News


For media inquiries, please contact us at or 202-618-6433.

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today