Reed Proposes SEC Regulate Credit Swaps, Security-Based Futures

Discussion in 'Wall St. News' started by Billy Thunder, Sep 22, 2009.

  1. The bill “amends the definition of ‘security future’ in the federal securities laws to provide the SEC with authority over all security futures, not just single-security and narrow- based security index futures,” according to a summary of Reed’s bill put out by his office today.