Isn't it bad economically for soft regulation on financial instruments like derivatives.
closed as unclear what you're asking by snoram, Giskard, luchonacho, Adam Bailey, Herr K. Apr 20 '17 at 18:34
Please clarify your specific problem or add additional details to highlight exactly what you need. As it's currently written, it’s hard to tell exactly what you're asking. See the How to Ask page for help clarifying this question. If this question can be reworded to fit the rules in the help center, please edit the question.
The financial bill you're describing exists. It's called the Dodd-Frank act and was enacted after the 08' crisis to further regulate securities which includes derivatives.
Before the Dodd Frank Act which passed in 2010 the main source of legislation for regulating the financial industry was The Securities Exchange act of 1934 which codified the government regulation on most financial instruments and is still the primary source of financial regulation today.