Cox, the SEC and the future of derivatives regulation
Dealscape

"Neither Cox or the SEC has ever put out a warning about the dangers of derivatives. .

The CFTC, with the exception of Brooksly Born's famous attempt at regulating derivatives in the late '90s, which was swatted down by former Federal Reserve Chairman Alan Greenspan and friends, has always been extremely industry friendly. The Fed, which does have an expertise in clearinghouses and complex instruments, was, however, under Greenspan, the center of resistance to derivatives regulation. ."