[Toddsterpatriot]

I think he means OTC derivatives. Exchange traded derivatives, options and futures, are heavily regulated.

[expat_panama]

... OTC derivatives. Exchange traded derivatives, options and futures, are heavily regulated.

OTC's are still regulated even though it's different than w/ major exchanges, but we were talking about the affect of the 2000 CFMA. It was meant to sort out OTC derivatives (along w/ lots of other stuff) but I just wouldn't call it complete deregulation --even for OTC's.
 

[Pelham]

“I think he means OTC derivatives. “

You’re right, I did mean OTC derivatives.

I’ll have to dig up the debates and warnings about CFMA instead of relying on my dubious memory. expat is doing a good job of making me go back and examine this stuff.