OCC chief defends derivatives

Author: Danielle Myles - IFLR | Published: 31 Jan 2012

John Walsh, acting head of the Office of the Comptroller of the Currency (OCC) has warned against overreaction and misperception surrounding the risks of derivatives.“The critique of derivatives that has emerged is far broader than the specific instruments or circumstances implicated in the crisis,” said Walsh in his keynote address to the...

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