Cantwell’s Legislation Is A Large Step In Right Direction on Derivatives; Congress Needs Make Sure All Such Transactions Are Regulated either at the state or federal level
DATE: November 10, 2009 Heather Booth, Director, Americans for Financial Reform: “Americans for Financial Reform (AFR), and our over 200 coalition partners, thank Senator Cantwell for introducing legislation today to close the derivatives loophole. Senator Cantwell calls the derivatives “a sophisticated form of gambling,” with