US OTC derivatives regulations edge nearer

The US Treasury has announced plans to regulate the over-the-counter derivatives market. The proposal, which was made public on May 13, would place new obligations on providers to publicly disclose information to the regulator about their positions and put trades through regulated central clearing parties (CCPs). Other trades will be processed through a regulated trade repository.

The proposals aim to prevent market manipulation and improve transparency. But applying them equally to credit deriv

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