The International Organization of Securities Commissions  (IOSCO)  has recommeded high-level international standards for the regulation of market participants that are in the business of dealing, making a market or intermediating transactions in over-the-counter (OTC) derivatives.

In its International Standards for Derivatives Market Intermediary Regulation  report, published Tuesday , IOSCO  said that  these "derivatives market intermediaries (DMIs) often have not been subject to the same level of regulation as participants in the traditional securities market."

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