BMA forms distressed debt committee

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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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