Regulatory wrangles in the CDS market
Regulatory wrangles
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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Credit derivatives
7 days in 60 seconds
SOFR discounting, Covid and scenario crowdsourcing
The week on Risk.net, September 12–18, 2020
Receive this by email