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News in brief: Corzine’s share options package revealed; Mexder launches Telmex option


End users won’t be exempt from derivatives reform, says TreasuryThe deputy secretary to the US Treasury, Neil Wolin, has poured cold water on the suggestion that corporate end users of derivatives will automatically be exempt from transparency rules to be introduced under Senator Chris Dodd’s financial reform bill.“The idea that all end users of derivatives somehow should be absolved from having to clear their trades is something we do not agree with and we will fight hard to oppose,” MarketWatch quoted him as telling reporters at the White House.One of the bill’s most continuous aspects centres on the exemption of corporations from new transparency rules or the imperative to use clearing houses for OTC transactions. It is hoped the bill will be...

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