Proposed CDS reporting rules to have little impact on mutual funds
Counterparty Radar: Pimco and PGIM would have filed most often under US large-position reporting rules
Only a handful of US mutual funds would report large positions under proposed rules for single-name credit default swaps, with PGIM and Pimco needing to report the most, an analysis of regulatory filings by Risk.net shows.
The rules, proposed by the Securities and Exchange Commission, are aimed at combating fraud and manipulation in security-based swap markets by shining a light on firms with sizeable positions.
Although mutual funds are not necessarily the principal targets, their SEC filings
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