by the way the bill I’m referring to is the one that basically overturned Glass Steagall.
https://en.wikipedia.org/wiki/Gramm%E2%80%93Leach%E2%80%93Bliley_Act
You can understand the threat that derivative investing when you realize that the amount of derivative investment are a large multiple of the actual investments. You wold think that a derivative investment of a mortgage would only equal the amount of the mortgage but instead it can be 10-20 times the amount of the initial investment. In other words, the devivative investment is not supported in the market.