Page 2 - Reckless Practices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Economy, invisible to regulators, invisible to the public. so reckless practices were rampant. risks accrued until they threatened our entire financial system. that's why these reforms are designed to respect legitimate activities but prevent reckless risk taking. that's why we want to ensure the financial products like standardized derivatives are traded out in the open in the full view of businesses, investors, and those charged with oversight. and i was encouraged to see a republican senator join with democrats this week in moving forward on this issue. that's a good sign. that's a good sig...

Economy invisible to regulators, invisible to the public. so reckless practices were rampant, risks accrued until they threatened our entire financial system. and that's why these reforms are designed to respect legitimate activities but prevent reckless risk taking. that's why we want to insure that financial products like standardized derivatives are traded out in the open in the full view of businesses, investors and those charged with oversight. and i was encouraged to see a republican senator join with democrats this week in moving forward on this issue. [applause] that's a good sign. tha...

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