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229366 Resource 119244 120646 120646 1238081996219 1238081996219 Controlled Timothy Geithner Proposes Regulatory Reform

Treasury Secretary wants to overhaul financial services sector

Treasury Secretary Timothy Geithner seems to be in the news every day, talking about some new reform or plan he has to help stabilize the economy going forward. Yesterday, he <a href="item/229287" target="_blank" title="Timothy Geithner, hedge funds, derivatives, mutual funds, regulatory reform, Treasury, SEC">outlined rules for the government seizure of non-bank financial institutions</a>. Today he is talking about regulatory reform. Some of the <a href="http://www.ft.com/cms/s/0/9d8a6dd2-1a11-11de-9f91-0000779fd2ac.html" target="_blank" title="Timothy Geithner, hedge funds, derivatives, mutual funds, regulatory reform, Treasury, SEC">new rules that Geithner suggests</a> includes: <ul> <li> Hedge funds that are larger than a certain size (not yet determined) would have to register with the SEC.</li> <li>Derivatives trading would face stricter scrutiny and tighter rules.</li> <li>Rules and regulation would be intensified with regard to money market mutual funds.</li> </ul>The idea is to try and make opaque and poorly understood investments a little more transparent. By forcing regulation and enforcement, Geithner hopes that further catastrophes might be avoided in the future. 9 application/xml false derivatives hedge funds mutual funds regulatory reform SEC Timothy Geithner Treasury Economic and Political News How our leaders affect the FX market http://www.fx360.com/?aid=5704 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.7) Gecko/2009021906 Firefox/3.0.7 127.0.0.1 127.0.0.1 mmarquit 66.182.66.2 false true false false true 119244 blog blogsite/GFTForex/web