The long-awaited Derivatives Law requires Parliament approval before its enforcement.
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"The SEC is telling companies they ought to do much more in disclosing their derivatives activities to the public, " said Henry Hu, an expert in derivatives law at the University of Texas at Austin.
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"The issue in both cases is to what extent a dealer has a fiduciary duty to make sure that the transactions of its clients are suitable and appropriate, " said Henry Hu, a derivatives law professor at the University of Texas.
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