{"id":9955,"date":"2009-02-23T00:00:00","date_gmt":"2009-02-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ecbs-trichet-urges-global-hedge-fund-regulation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/ecbs-trichet-urges-global-hedge-fund-regulation.html","title":{"rendered":"ECB&#8217;s Trichet urges global hedge fund regulation"},"content":{"rendered":"<p>Reuters &#8211; Hedge funds, credit rating agencies and all other important market players should be subject to regulation based on a global approach, European Central Bank President Jean-Claude Trichet said on Monday.       <\/p>\n<p> The worst financial crisis in over 80 years has sparked a rethink of how markets should be supervised to cut excessive risk-taking by banks.<\/p>\n<p> &quot;The current crisis is a loud and clear call for extending regulation and oversight to all systemically important institutions &#8212; notably hedge funds and credit rating agencies &#8212; as well as all systemically important markets &#8212; in particular the OTC derivatives market,&quot; Trichet said.<\/p>\n<p> &quot;What is currently under discussion is the precise way in which these elements should be integrated within an overall regulatory framework,&quot; he told a conference on supervision.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/uk.reuters.com\/article\/americasRegulatoryNes\/idUKLN41969120090223\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge funds, credit rating agencies and all other important market players should be subject to regulation based on a global approach, European Central Bank President Jean-Claude Trichet said on Monday. The worst financial crisis in over 80 years [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8055,4306,6290,8057,8054,4726,980,4699,8053,8052,46,8056,5939,4326,6986],"class_list":["post-9955","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bank-president","tag-banks","tag-credit-rating-agencies","tag-elements","tag-excessive-risk","tag-financial-crisis","tag-global-approach","tag-institutions","tag-jean-claude-trichet","tag-otc-derivatives-market","tag-oversight","tag-regulatory-framework","tag-rethink","tag-reuters","tag-supervision"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9955"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9955\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}