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Hearings Begin on Bill Banning "Naked" Credit Default Swaps
Practical Law Legal Update 3-384-8635 (Approx. 2 pages)
Hearings Begin on Bill Banning "Naked" Credit Default Swaps
by PLC Finance
| Published on 04 Feb 2009 • USA (National/Federal) |
An update on the Congressional hearings that have commenced to consider a bill that would forbid traders from entering into "naked" credit default swaps.