Posts Tagged ‘Senator Lincoln’
Latest Uproar With the Dodd-Frank Bill: Does The CFTC Want To Manage Margin Calls for Uncleared Trades?
Today’s Wall Street Journal Article: Late Change Sparks Outcry Over Finance-Overhaul Bill focuses on language struck at the last minute that has end-users fearing that at the end of the day they will have to post margin, despite the intent to allow them the option not to clear trades. My interpretation is that the instrument…
Read MoreA Funny Thing Happened On The Way To The Forum: Update On The OTC Derivative Reform
As I have mentioned in past blogs, the last bill to be proposed on OTC derivative reform was to be issued by Senator Blanche Lincoln (D-Ark), Chairman of the Senate Agriculture Committee, who also has jurisdiction over the CFTC. Today, Senator Lincoln finally issued her bill in a bold move with some surprising changes. Up…
Read MoreShifting the Balance of Power in the Senate: What is the Impact to the Financial Reform?
The surprise Republican victory of Massachusetts Senator Scott Brown gives the GOP 41 votes and changes the game on Capitol Hill, as the Democrats have lost their super majority in the Senate. All eyes are focused now on how this news may delay or torpedo Healthcare reform, with the consensus that financial reform will move…
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