BMA forms distressed debt committee

 by Saskia Scholtes A 17-member committee aims to promote best practice and public understanding

The Bond Market Association, the industry body that represents securities firms and banks underwriting, trading and selling debt securities, has formed a committee to tackle the legal, regulatory, and market practice issues affecting the market for distressed debt. The move is a response to the rapid growth of the sector in the past several years.

On the agenda will be a series of initiatives to promote efficiency in the distressed debt market and increase public understanding of the

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