Nematrian Reference Library
[this page | back links]
Set out below is information (held by the Nematrian website) on the reference you have selected
| Reference | Title | Link |
| DPG (1995) | Framework for Voluntary Oversight: The OTC Derivatives Activities of Securities Firm Affiliates to Promote Confidence and Stability in Financial Markets | here |
Opening paragraph
"The "Derivatives Policy Group" (DPG) was formed at the suggestion of Chairman Arthur Levitt of the SEC in August, 1994. Shortly after its inception, Mary L. Schapiro, Chairman of the Commodity Futures Trading Commission, joined Chairman Levitt as the principal official sector contacts for the DPG.
The DPG was organized to respond to the interest that has been expressed by Congress, agencies and others with respect to public policy issues raised by the OTC derivatives activities of unregulated affiliates of SEC-registered broker-dealers and CFTC-registered futures commission merchants. These issues include the understandable interest in more meaningful information regarding the risk profile of professional intermediaries and the quality of their internal controls as well as a clearer articulation of the nature of their relationships with nonprofessional counterparties and related transactional responsibilities. The DPG's objective has been to formulate a voluntary oversight framework intended to address these public policy issues." |
See
here to choose a new Category/Sub-Category or
here for a list of all references held by the Nematrian website. Please
contact us if any of the above material is inaccurate or if there are references you think should be included that we have excluded or vice-versa.