Breaking News Alert The New York Times Wednesday, May 13, 2009 -- 3:06 PM ET ----- Obama to Offer Plan to Regulate Derivatives Marking its first major effort to overhaul financial regulation, the Obama administration will seek new authority to supervise the virtually unregulated complex financial instruments, known as derivatives, that were a major cause of the market crisis, Congressional aides and others who have been briefed on the decision said Wednesday. Read More: http://www.nytimes.com/?emc=na ----- Now get the New York Times Breaking News to your mobile phone. Sign up for the alerts by texting NEWSALERTS to 698698 (NYTNYT). ----- About This E-Mail You received this message because you are signed up to receive Breaking News Alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2009 The New York Times Company
-- Posted By Breaking News to BN at 5/13/2009 10:07:00 PM
