Tennessee Comptroller Justin Wilson is holding public hearings on new regulatory changes that would require local officials to appear before his staff to demonstrate they truly understand the risks and transactions costs associated with interest-rate swaps, forward purchase agreements and derivatives management. Chattanoogan.com reports.
Thursday, August 06, 2009
Comptroller tightens Muni oversight
Tennessee Comptroller Justin Wilson is holding public hearings on new regulatory changes that would require local officials to appear before his staff to demonstrate they truly understand the risks and transactions costs associated with interest-rate swaps, forward purchase agreements and derivatives management. Chattanoogan.com reports.
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