Preliminary Analysis of House-Senate Conference on OTC Derivatives Title
June 25, 2010
Early Friday morning, negotiators for House and Senate reached a compromise on the OTC derivatives bill. The “conference report” which reflects this compromise will be sent next week to the House and Senate to be voted upon. It is expected to pass and be signed into law by the President not later than July 4th. The differences between the bills were negotiated through the night. Though it was televised on C-SPAN, many of the amendments were not made available to the public, including the final House “offer” that contained last minute changes. As such, many of the items below are subject to confirmation upon review of the actual language.