Financial Regulatory Forum

FACTBOX-US swaps reforms proposed by Agriculture panel

By Reuters Staff
April 23, 2010

WASHINGTON, April 23 (Reuters) – The Senate Agriculture Committee has proposed tough rules for the previously unregulated $450 trillion derivatives market, including a requirement for banks to spin off their swaps trading desks.

SNAP ANALYSIS – Goldman charges give lift to Lincoln US swaps bill

By Reuters Staff
April 16, 2010

By Roberta Rampton

WASHINGTON, April 16 (Reuters) – Bombshell fraud charges against Goldman Sachs, one of the largest swaps dealers on Wall Street, give new impetus to a tough derivatives reform bill proposed by Senate Agriculture Chairman Blanche Lincoln on Friday.

NEWSMAKER – Farmer’s daughter US Senator takes on Wall St with derivatives bill

By Reuters Staff
April 16, 2010

By Charles Abbott and Roberta Rampton

WASHINGTON, April 16 (Reuters) – Senator Blanche Lincoln, a self-styled “farmer’s daughter” facing a tough re-election race in Arkansas, had not been expected to become the latest Democrat to rail against the risky practices of Wall Street.

U.S. Senate agriculture panel head plans own US swaps reform bill

By Reuters Staff
November 18, 2009

Senator Blanche Lincoln (D-AR) (C) speaks about the 2007 budget in a news conference at the Capitol in Washington, February 9, 2006. Also pictured are Senate Majority Leader Harry Reid (D-NV) (L) and Senator Kent Conrad (D-ND).   REUTERS/Jonathan Ernst WASHINGTON, Nov 18 (Reuters) – The U.S. Senate Agriculture Committee chairman said on Wednesday she intends to draft legislation “that will bring much-needed transparency and accountability to the over-the-counter derivatives market.”