BanksterUSA.org explains why we need strong language to rein in the derivatives market:

Reckless swaps and derivatives trading played a critical role in the financial crisis, inflating the domestic housing bubble and turning it into a global economic catastrophe. As the House and Senate conference committee begins final work on the financial services reform bill it is critically important to preserve the strong language cracking down on those “financial weapons of mass destruction” contained in the Senate bill. Nobel prize-winning economist Joseph Stiglitz makes the case for Senate derivatives chapter plainly” “If [Congress] fails to pass strict oversight of dangerous over-the-counter derivatives and swaps the U.S. economy will continue to be vulnerable to significant financial risk.”

Also, they provide a “whip count” on which members of the Conference Committee should be contacted about this topic, complete with phone numbers.  See the blog post here and check back to track the whip count!