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Joint Press Statement Regarding OTC Derivatives Market

Global leaders and authorities overseeing the over-the-counter (OTC) derivatives market issued a joint press statement in furtherance of the agreement at the G-20 Pittsburgh Summit in 2009. In the joint statement, the leaders and authorities renewed their commitment to cooperate and consult each other in implementing sweeping changes to the OTC derivatives market, such as determinations regarding mandatory clearing requirements for certain derivatives products.

The joint press statement is available here.

©2023 Katten Muchin Rosenman LLPNational Law Review, Volume II, Number 348
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About this Author

James M. Brady, Katten Muchin Law Firm, Finance Attorney
Associate

James Brady concentrates his practice in financial services matters.

While in law school, James was an editor of the Michigan Journal of International Law. He also served as a judicial intern to the Honorable Stephen J. Markman of the Michigan Supreme Court. http://www.kattenlaw.com/James-Brady

312-902-5362
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