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Europe Daily Bulletin No. 10100

18 March 2010
Contents Publication in full By article 11 / 28
GENERAL NEWS / (eu) ep/financial services
Call for transatlantic cooperation on derivatives rules

Brussels, 17/03/2010 (Agence Europe) - Addressing MEPs on the European Parliament's Economic and Monetary Affairs Committee on Tuesday 16 March 2010, the chair of Commodity Futures Trading Commission (CFTC) in the US, Gary Gensler, called for a coordinated, international approach that covers the regulation of derivatives on the financial markets in as detailed a manner as possible. The market is worth some €4,400 billion a year, twelve times world GDP! Derivatives sold over the counter...

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