U.S. regulators offer regulating OTC derivatives

The recommendations included subjecting all over-the-counter derivatives dealers to "a healthy r‚gime of prudential supervision and regulation, including ultra-conservative capital, reporting and edge requirements.

In a character to Senate Majority Leader Harry Reid, Treasury Secretary Timothy Geithner said the reforms were aimed at preventing derivatives from posing a danger to the pecuniary system, improving transparency, and preventing market-place manipulation.

(Reporting close by Emily Kaiser; Editing close by Neil Stempleman)