Because Finance Is Boring: OH HAI, Rep Scott Garrett, U CAN HAZ Wall St $ if you TROLL teh CFTC?
HR1256, the “Swaps Jurisdiction Certainty Act,” which allows banks to hold derivatives overseas and dodge US regulations, really ought to be called the “Dodging US Rules By Sneaking Derivatives Overseas Act” or even the “AIG Bailout Certainty Act,” as Public Citizen noted.
But why is…














