Over-the-Counter Derivatives Markets and the Commodity Exchange Act - Protection Team, Plunge
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In 1998, Congress requested the President's Working Group on Financial Markets to develop policy with respect to over-the-counter derivative instruments.

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Produktbeschreibung
In 1998, Congress requested the President's Working Group on Financial Markets to develop policy with respect to over-the-counter derivative instruments.
Autorenporträt
PRESIDENT's WORKING GROUP ON FINANCIAL MARKETS-a.k.a. the Plunge Protection Team-was created after the financial crash on October 19, 1987, by President Ronald Reagan in 1988. Its goals are to enhance the integrity, orderliness and competitiveness of the U.S. financial markets and maintaining investor confidence. Members of the Working Group are the Secretary of the Treasury and the Chairpersons of the Federal Reserve System, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.