Der Derivatives News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Left playing this legislation -- >> let's be clear. rule making doesn't take place based on legislative vagueness. it happens in virtually every piece of legislation that is passed in order to implement legislative directives. >> reporter: the president said the business community should not have uncertainty because this legislation is passed. how does somebody whose der derivatives need to be noner toed -- >> i think the legislative intent is clear. i think this provides certainty for people on wall street. it row sides certainty for people who work in th in the fil industry that they will be...

Exchange commission and the commodity and futures trading commission so they can regulate derivatives. these people are very angry at the fact we said we're going to try to regulate these der derivatives, et cetera, and they are literally trying to disarm the two agencies that are supposed to be doing it. as i said, they yearn for the thrilling days of yesteryear when the lone ranger can ride again. >> tangentially there's been a lot of informed speculation the republicans will use the debt ceiling vote and/or threatening to shut the government down, whether they say it's that way or not to tr...