Article
OTC Derivatives Dealers And Buy-Side Participants Jointly Propose New Framework For Risk Management And Market Structure
In a letter dated June 2, 2009, to the Federal Reserve Bank of New York (the "NY Fed") and eleven other regulators, a group of dealers and buy-side participants comprising the Operations Management Group (the "OMG") set forth a renewed commitment to implement additional changes to improve risk management and market structure for OTC derivatives (the "OMG Letter").
Fried Frank Harris Shriver & Jacobson


