WASHINGTON (Reuters) - Global securities regulators launched three task forces to study abusive trading, unregulated financial products and unregulated financial entities such as hedge funds, a source briefed on the matter said on Monday.
The International Organization of Securities Commissions (IOSCO), an international policy forum for securities regulators, met via teleconference earlier Monday to discuss urgent regulatory issues in the ongoing credit crisis.
U.S. Securities and Exchange Commission Chairman Christopher Cox, chairman of IOSCO's technical committee, announced the meeting late last week amid volatile market activity.
The task forces are due to present their reports at IOSCO's next technical meeting in February, the source said.
(Reporting by Rachelle Younglai; editing by Jeffrey Benkoe)
Publié le 24 novembre 2008 Copyright © 2008 Reuters
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