Regulatory Revolving Door

http://www.futureofcapitalism.com/2010/04/regulatory-revolving-door

The New York Times has a report on the third staffer of Rep. Barney Frank's House Financial Services Committee in three years to leave to go work as a financial industry lobbyist. Along the way it reports that an Atlanta-based company called IntercontinentalExchange, which hired the third staffer to leave the committee, stands to gain from rules that would force more derivatives to be traded on transparent exchanges rather than in more private transactions.

by Editor  |  Apr 2, 2010 at 9:20 am Related Topics:  Banking, Capital Markets Regulation, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list