The CFTC’s proposed rules on margin and capital requirements must be substantially strengthened. Specifically, the process of collecting margin must be generally improved, both in terms of quantity and quality required. The suggested revisions would not only improve the overall effectiveness of the rules, but also the fairness, as the proposed rules seems to favor swap dealers.

Read our letter urging the Senate to oppose the “Burdensome Data Collection Relief Act”, H.R. 1062, which would protect overpaid CEOs from embarrassment by allowing them to hide shameful pay disparities within companies.

Report says speculation accounts for 83 cents per gallon of gasoline prices
Olivia Kabat (WMNF – FL)
July 12, 2011
―Those high gasoline prices you’re paying at the pump may have a lot to do with Wall Street …

Dodd-Frank Act Forcing Banks to Slim Down, Reshape Swaps: One Year Later
Clea Benson and Phil Mattingly (Bloomberg)
July 11, 2011
―Jamie Dimon keeps a tally of the ways Wall Street already has been affected by the largest …

Regulators industry cozy up at conferences
Laura Hautala (Politico)
July 10, 2011
―Want to talk to a Dodd-Frank rule writer? Try Las Vegas. Traveling to glitzy locales to meet with regulators responsible for ironing out the details of …

Click here to view this week’s highlights and lowlights in Wall Street Reform – July 2, 2011 – July 8, 2011.