Why are republicans against CDS regulations?

Equity options are regulated,standardized and trade through a clearinghouse. Why is the GOP against treating CDS contracts just like Equity options?
 
Think of this as an auction. You have the CME and ICE bidding(ie, paying off politicians) for exchange-only trading and you have the OTC dealers bidding for the status quo. High bidder wins.
 
Quote from KINGOFSHORTS:

Equity options are regulated,standardized and trade through a clearinghouse. Why is the GOP against treating CDS contracts just like Equity options?
the republicans get their marching orders from their corporate masters.
 
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