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Regulators Don’t Enjoy CDS Games

June 26, 2019 : Permanent Link

(Bloomberg) That is a joint statement from the heads of the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority, who have all taken notice of “various opportunistic strategies in the credit derivatives markets” and have announced that they “will make collaborative efforts to prioritize the exploration of avenues” to do something about it, which is quite a bit less definitive than just doing something about it.

To read this article:

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