Regulation of the Credit Default Swap Market by New York State Insurance Department | Practical Law

Regulation of the Credit Default Swap Market by New York State Insurance Department | Practical Law

This Article discusses the September 22, 2008 Circular issued by the New York State Department of Insurance proposing to regulate the sale of credit default swaps by financial guaranty insurance companies. Included are restrictions on insuring collateralized debt obligations. Click here to view the full text.

Regulation of the Credit Default Swap Market by New York State Insurance Department

by Ian Cuillerier, White & Case LLP
Published on 17 Nov 2008 • USA (National/Federal)
This Article discusses the September 22, 2008 Circular issued by the New York State Department of Insurance proposing to regulate the sale of credit default swaps by financial guaranty insurance companies. Included are restrictions on insuring collateralized debt obligations. Click here to view the full text.