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House Bill May Ban "Naked" CDS and Require OTC Derivative Clearing
Practical Law Legal Update 7-386-8136 (Approx. 2 pages)
House Bill May Ban "Naked" CDS and Require OTC Derivative Clearing
by PLC Finance
| Published on 22 Jul 2009 • USA (National/Federal) |
An update on a planned House bill to ban "naked" credit default swaps (CDS) and require clearing of over-the-counter (OTC) derivatives.