FT Mandate – Desperately seeking OTC enlightenment

This article provides a good overview of OTC derivative market regulation and the views of various industryTaken by akahodag, Flickrparticipants.  I like how I’m quoted here – gives good insight into my views on the subject:

…however, most in the industry feel more regulation is pretty much a given. “Regulation of the OTC derivatives market is inevitable – like heat in the summer, it’s coming,” says Kevin McPartland, senior analyst at financial markets research and advisory firm, TABB Group. “OTC derivative markets need a reduction in systemic risk and increased transparency; unfortunately, industry initiatives to improve both have proven not to be enough.”

Definitely worth a read.  The full article here.

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