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Email To address “critical gaps” in the regulation of derivatives, the Obama Administration outlined comprehensive regulatory reform for all over-the-counter (“OTC”) derivatives markets. The May 13, 2009 release by the U.S. Department of the Treasury summarizes the statements sent by U.S. Treasury Secretary Geithner to Senator Harry Reid and other members of Congress. https://www.cadwalader.com/resources/clients-friends-memos/regulatory-reform-of-otc-derivatives-markets