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Better Markets

Wall Street Is in the Profit-Protection Racket and the CFTC Must Reject Its Non-Stop Attempts to Kill Financial Reform

“Today’s CFTC proposal is a good first step to bring a little more transparency and competition to derivatives trading.  But, a lot more has to be done if Wall Street’s chokehold on the derivatives market is going to be broken.  The biggest banks’ off-the-books trading in dark markets must end if real financial reform is to have any hope of success,” said Dennis Kelleher, president and CEO of Better Markets.