Hearings

 – On February 3, 2009, the House Agriculture Committee held the first in a series of hearings to review legislation addressing the derivatives markets. The Committee heard from stakeholder groups about the Derivatives Markets Transparency and Accountability Act of 2009, draft language circulated the previous week by Chairman Collin C. Peterson of Minnesota. The bill is designed to bring greater transparency to futures markets and to bring a sense of order to the over-the-counter market for swaps and other credit derivatives.