ACI Chiefs Warn Regulators On Derivatives Interference
FOREX '94
The Association Cambiste Internationale has joined other industry lobbies in warning central bank regulators against unwarranted interference with derivatives markets. Using the ACI's annual congress as a forum, ACI president David Clark, ACI secretary-general Rolf Willi from Dresdner Bank and JP Morgan chairman Sir Dennis Weatherstone all attacked last month's Congressionally-mandated report on derivatives by the General Accounting Office (GAO). A summary of Clark's presidential address to the
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