The Commodity Futures Modernization Act of 2000 is a United States federal law that ensures that over-the-counter derivatives remained unregulated.
Brooksley Born, CFTC Chair in 1996 – June 1999
Robert Rubin, Treasury Secretary in January 1995 – July 1999
Senator Phil Gramm
Derivative (finance)
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In finance, a derivative is a contract between a buyer and a seller. The derivative can take various forms, depending on the transaction, but every derivative has the following four elements:
Commodity Futures Modernization Act of 2000
…The Commodity Futures Modernization Act of 2000 (CFMA) is a United States federal law that ensures that over-the-counter (OTC) derivatives remained unregulated. The Commodity Futures Trading Commission (CFTC) had desired to have "functional regulation" of the market, but the CFMA rejected…
Derivatives traders in the pit at the Chicago Board of Trade in 1993
Country leaders at the 2009 G-20 Pittsburgh summit
Philippine stock market board