by Calculated Risk on 5/13/2009 03:50:00 PM
Wednesday, May 13, 2009
Geithner to Announce Tougher Derivatives Rules at 4 PM ET
From Dow Jones: Treasury, SEC, CFTC To Unveil OTC Derivatives Regulatory Plan
The Treasury Department will unveil its plan for regulatory reform of over-the-counter derivatives late Wednesday afternoon, Michael Dunn, the acting chairman of the Commodity Futures Trading Commission, said Wednesday.Here is the CNBC feed. (hopefully)
Speaking at an advisory committee meeting at the CFTC's offices, Dunn said he will appear alongside Treasury Secretary Timothy Geithner and Securities and Exchange Commission Chairman Mary Schapiro at 4 p.m. EDT to discuss the details.