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| Forex bankers alarmed by clearing plans (at FT.com) November 18, 2009 at 7:20 pm |
| Foreign exchange bankers reacted with alarm on Wednesday to proposals from Barney Frank, the powerful chairman of the House financial services committee, that would require trades in currency derivatives to be processed through a centralised clearing system. |
| Companies push for derivatives exemption (AP) November 18, 2009 at 1:48 pm |
| As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk. | | |
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