Fed, SEC, CFTC and Treasury Department to Establish CDS Clearing House
cds | cds clearing house | cftc | federal reserve | sec | treasury department
The Fed, SEC, CFTC and Treasury Department have signed a memorandum of understanding for the creation of a clearing house for credit default swaps (CDS) , which will begin operations by the end of 2008. "A well-regulated and prudently managed CDS...( read more )
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