Don't Equate Canadian OTC Derivatives Reform With US Reform
For example, Canadian regulators aim to collect trade data to: monitor for systemic risk like large unhedged exposures; detect market manipulation and insider trading, which Unterman says requires more sophisticated systems; and to provide more price transparency to the market at large. US regulators, and in fact every member of the G20, would echo these objectives.
Unterman, legal counsel in the derivatives branch at the Ontario Securities Commission (OSC), did single out a few differences in
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