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Keyword: lynchamendment

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  • Lynch amendment spooks DTCC (OTC regulation vs DTCC)

    03/03/2010 7:17:01 AM PST · by TigerLikesRooster · 2 replies · 157+ views
    Risk ^ | 03/03/10 | Duncan Wood
    Lynch amendment spooks DTCC Author: Duncan Wood Source: Risk magazine | 03 Mar 2010 As dealers and legislators feud over reform of the over-the-counter derivatives market, at least one innocent bystander – New York-based post-trade utility the Depository Trust & Clearing Corporation (DTCC) – has been caught in the crossfire. At the end of February, DTCC staff travelled to Washington, DC to voice their concerns. It's a real pain for them. It's one thing having a go at banks but the consequence of this amendment is that it's now sweeping up a utility as well At issue is an amendment...