Geithner again pushes alignment with US

Tim Geithner, US Treasury Secretary, urged Europe in June 2011 to ensure that new rules governing the vast derivatives markets are aligned with those in the US, risking further inflaming sensitivities over the US approach to global regulatory reform.

ESO: Background information: European groups fear rule change on clearing http://www.europeansources.info/record/european-groups-fear-rule-change-on-clearing/

---