CFTC Chairman Gensler urges end to derivatives secrecy 11 Mar 2010
Source: Gold Anti-Trust Action Committee


A leading US financial regulator on Tuesday called for the prices of derivatives trades to be disclosed in the same way as stock prices, saying only large Wall Street banks benefited from the current lack of transparency. Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), said standard credit default swaps and other privately traded over-the-counter derivatives