Regulatory wrangles in the CDS market

Regulatory wrangles

obama-dodd-frank
Obama signs the Dodd-Frank Act in July

In the wake of the Lehman Brothers collapse in September 2008, and the subsequent bailout of US insurer AIG, credit derivatives attracted the ire of policymakers. Credit default swaps were blamed for the build-up in systemic risk that contributed to the financial crisis. Warren Buffett’s famous description of derivatives as “financial weapons of mass destruction” gained common currency.

A financial reform package – the Dodd-Frank Wall Street Reform and Consumer Protection Act – was announced by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here