The U.S. is trying to monitor the kinds of transactions that contributed to the 2008 financial crash, and subsequent recession, but the effort has shot itself in the foot, all for lack of a data standard. The Commodity Futures Trading Commission has been tasked with oversight of credit default swaps, but their attempts to define a standard for reporting in this previously unmonitored market have not worked out as planned.
Continue readingRevolving Door Staffer Rebuked, Permanently Banned From Talking to Committee Staff
Earlier this week, Peter Roberson, a top staffer on the House Financial Services Committee, jumped ship to lobby for Intercontinental... View Article
Continue readingRead the Bill: The Commodity Futures Modernization Act
As part of the Read the Bill campaign, we’ve been writing a series of case studies highlighting bills that slipped... View Article
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