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CHAIRMAN LUKKEN TESTIFIES ON REVIEW OF CREDIT DERIVATIVES BEFORE HOUSE PANEL
October 15, 2008
WASHINGTON, Oct. 15 -- The Commodity Futures Trading Commission issued the following written testimony:

Good morning Chairman Peterson, Ranking Member Goodlatte, and other distinguished Members of the Committee and thank you for the invitation to be here today to discuss credit default swaps.

The current financial crisis is requiring policymakers to rethink the existing approach to market regulation and oversight. Many observers have singled out the $58 trillion dol . . .

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