Obama to stress derivative oversight in meeting

WASHINGTON, April 14 (BestGrowthStock) – President Barack Obama
will argue for strong oversight of derivatives as he meets on
Wednesday with top Democratic and Republican lawmakers to
discuss a sweeping package of financial regulatory reforms, a
senior administration official said.

Derivatives are the same financial products that led to the
near collapse of insurer AIG and a part of Wall Street reform
many Republicans have been fighting to weaken, the official
said.

Stock Market Research

(Reporting by Patricia Zengerle, editing by Jeff Mason)

Obama to stress derivative oversight in meeting