Issues and Implications of the Race to Regulate Credit Default Swaps | Practical Law

Issues and Implications of the Race to Regulate Credit Default Swaps | Practical Law

This Article summarizes and discusses the steps taken by the SEC, Financial Accounting Standards Board, New York State Department of Insurance, and the Federal Reserve Bank of New York towards regulating credit default swaps. It also details private efforts to create CDS exchange-trading platforms and publish data on outstanding swaps. Click here to view the full text.

Issues and Implications of the Race to Regulate Credit Default Swaps

Practical Law Article 9-384-0288 (Approx. 2 pages)

Issues and Implications of the Race to Regulate Credit Default Swaps

by Mark S Bergman, Jordan E Yarett, Albab Dabela, and Manuel S Frey, Paul Weiss Rifkind Wharton & Garrison
Published on 17 Nov 2008USA (National/Federal)
This Article summarizes and discusses the steps taken by the SEC, Financial Accounting Standards Board, New York State Department of Insurance, and the Federal Reserve Bank of New York towards regulating credit default swaps. It also details private efforts to create CDS exchange-trading platforms and publish data on outstanding swaps. Click here to view the full text.