FRBNY, NY Insurance Department Pushing Banks to Offer Clients Access to CDS Clearinghouses | Practical Law

FRBNY, NY Insurance Department Pushing Banks to Offer Clients Access to CDS Clearinghouses | Practical Law

An update on efforts by the Federal Reserve Bank of New York and the New York State Insurance Department to encourage banks to offer hedge funds and other clients access to credit default swap clearinghouses.

FRBNY, NY Insurance Department Pushing Banks to Offer Clients Access to CDS Clearinghouses

by PLC Finance
Published on 01 Apr 2009USA (National/Federal)
An update on efforts by the Federal Reserve Bank of New York and the New York State Insurance Department to encourage banks to offer hedge funds and other clients access to credit default swap clearinghouses.