Obama's Derivatives Loophole

—By

| Wed Jun. 17, 2009 9:24 AM PDT

On Wednesday, President Barack Obama released his proposal (PDF) for new regulation of financial instruments, including derivative products like credit default swaps that many believe contributed to the financial meltdown. But separate sets of rules for two types of derivatives could undermine the effectiveness of the administration's regulatory reform. Obama's Derivatives Loophole.

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