Alert September 01, 2009

Goodwin Procter Issues Client Alert on Obama Administration's Proposed OTC Derivatives Legislation

Goodwin Procter issued a Client Alert discussing proposed legislation regulating the over‑the‑counter (OTC) derivatives markets submitted by the Obama Administration to Congress.  The proposed legislation follows up on the recommendations regarding OTC derivatives markets regulation outlined in the Treasury’s white paper on financial regulatory reform issued in June 2009, as discussed in the June 23, 2009 Alert.