Bundles of poorly underwritten mortgages generated toxic derivatives bets in a global ... This does not have to be the exact same set of rules and regulations, but rather compatible systems ...

Greengerger charged that the current obstacle to proper implementation of new derivatives market rules is “resistance by big banks and other financial institutions” determined to protect their ...

The financial overhaul law passed in 2010 called for new oversight of derivatives, the complex investments blamed for hastening the financial crisis, and required the SEC to write the rules.