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Follow on Google News | Ultimate Effect of Rift Between Democrats Regarding Swap Rule at Derivatives Leaders Forum 2010Golden Networking Hosting Leaders and Experts in the Over-the-counter and Exchange-Traded Derivatives Worlds at Derivatives Leaders Forum 2010, July 22, New York; Additional Information and Registration at DerivativesLeadersForum.com
The report by Bloomberg continued: "The provision 'would increase systemic risk by forcing derivatives transactions into less regulated and less capitalized institutions and impede effective regulatory oversight of the derivatives market,' the group wrote in the letter to congressional leaders and members of the House-Senate panel assigned to merge the two chambers’ versions of the bill. The New Democrats are now aligned with a group of New York Democrats opposing the provision, which may threaten its inclusion in the final bill. House and Senate Democrats are attempting (to) retain votes needed in each chamber needed to pass the most sweeping regulatory overhaul since the 1930s. Opponents and supporters of the swaps-desk rule, known by its legislative shorthand Section 716, have mobilized in recent days. Lincoln, an Arkansas Democrat, has gained support from three Federal Reserve Bank regional presidents in the past week and pledged to fight efforts to modify or strip the provision." Derivatives Leaders Forum 2010 is produced by GoldenNetworking.net (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Golden Networking's Forums and Business Receptions include: · High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), July 13th, New York City · Distressed Investing Experts Forum 2010, "Analyzing and Valuing Distressed Companies, Securities and Real Estate" (http://www.DistressedInvestingExpertsForum.com), September 23rd, New York City · 2nd China Leaders Forum, "Challenges and Opportunities for China's Economic Juggernaut" (http://www.ChinaLeadersForum.com) · Latin America Leaders Forum 2010, "Unlikely Oasis of Growth amid the Global Economic Crisis?" (http://www.LatinAmericaLeadersForum.com) · 2nd Banking Leaders Forum, "Private Banking on the Brink of Transformational Change" (http://www.BankingLeadersForum.com) · Global Energy Leaders Forum 2010, "Proposals and Solutions for Today's Global Energy Challenges" (http://www.GlobalEnergyLeadersForum.com) · 2nd Private Equity Leaders Forum, "Setting the Stage for Radical Transformation in 2011 and Beyond" (http://www.PrivateEquityLeadersForum.com) Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders Forums, including: · Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com · Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com · High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", http://www.HFTExpertsForum.com · Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com · High-Frequency Trading Experts Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections" # # # GoldenNetworking.net is the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next End
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