"One of the most dramatic changes in the world of finance during the past fifteen years has been the extraordinary development of the markets for financial derivatives." --President's Working Group on Financial Markets, 1999
In 1998, Congress requested the President's Working Group on Financial Markets to develop policy with respect to over-the-counter derivative instruments. The resulting report, Over-the-Counter Derivatives Markets and the Commodity Exchange Act (1999) focuses on OTC derivatives, legal challenges and changes to the Commodity Exchange Act necessary to promote innovation and efficiency and to reduce systemic risk in these markets.
Students of financial history, journalists, politicians, and anyone interested in the workings of financial markets and the Plunge Protection Team, will find this vital background reading.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
PRESIDENT's WORKING GROUP ON FINANCIAL MARKETS-a.k.a. the Plunge Protection Team-was created after the financial crash on October 19, 1987, by President Ronald Reagan in 1988. Its goals are to enhance the integrity, orderliness and competitiveness of the U.S. financial markets and maintaining investor confidence. Members of the Working Group are the Secretary of the Treasury and the Chairpersons of the Federal Reserve System, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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