Parliament urged not to water down derivatives proposals
| Derivatives
Martin Banks of TheParliament.com reports on the application of rules under EMIR for all derivatives v. some derivatives traded off-exchange, including commentary from Eric Kolodner of Tradeweb. Kolodner concern about a potential regulatory loophole in the clearing mandate for instruments traded on an exchange, in addition to the likelihood of an "unfair competitive situation" between exchanges and other execution venues.