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Dear Derivatives Week subscriber:
Catch the latest breaking news in this week's issue by clicking here: http://www.derivativesweek.com Top stories this week: _______________________________________________ FASB GROUP RULING MAY HIT EQUITY BUSINESS. The Emerging Issues Task Force at the Financial Accounting Standards Board has issued a new consensus decision regarding companies entering into derivatives transactions on their own equity. Some marketers argues the decision will slash this sort of business, but others argue the ruling will have little effect on their flow. FRENCH READY CROSS-MARKET NETTING LAW. France is set to become the first country to recognize close-out across derivatives, repos, and stock lending. If the legislation passes, banks will be allowed to more efficiently use their credit lines. DYNEGY PLANS WEATHER SPLASH. U.S. energy company Dynegy has made its first weather derivatives trades, and is planning to grow a healthy-sized group over about the next year. ? INDUSTRY SPECULATES ON J.P. MORGAN CHASE; INSIDERS NOT CONCERNED. Market officials are speculating about how J.P. Morgan Chase will shape up, but pros at the firms don't seem especially concerned. While recruiters report seeing some business as a result of the merger announcement, their doors are hardly being beaten down. _______________________________________________ Use your User ID and Password to access the entire site. YOUR USER NAME AND PASSWORD ARE FOR YOUR PERSONAL USE ONLY. THEY MAY NOT BE SHARED WITH ANYONE AND NO ONE ELSE SHOULD ACCESS THE SITE WITH YOUR USER NAME AND PASSWORD. We welcome you to forward this email to any co-workers or colleagues who would be interested in receiving a free trial subscription to Derivatives Week at http://www.iinews.com/cgi-bin/unifree_new?hoo=dw If you have questions, comments or suggestions, please do not hesitate to call me at 1-212-224-3034. Thanks and enjoy this week's issue. Jim Beecher Publisher NOTE: You will receive weekly updates of the hottest stories in Derivatives Week. These are not random mass mailings but rather one-time messages for your personal attention. If you do not wish to continue to receive these notices, please click 'reply', type 'remove' and enter your name and company. You will then be removed from our email database.
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