New York Fed looks at confirmation issue
New angles
The New York Federal Reserve Bank will meet regulators and leading banks this month in an attempt to deal with backlogs of unconfirmed credit derivatives trades. President Timothy Geithner wrote to 14 Wall Street banks in August to call the meeting on September 15. Representatives from the Office of the Comptroller of the Currency, the Securities and Exchange Commission and the German, Swiss and UK financial regulators have also been invited.
"We are inviting key market participants to
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 Infrastructure
Derivatives
Inside Wells Fargo’s bid to take on big FX players
The third-largest US bank by assets plans to use big corporate flows to lure institutional clients
Receive this by email
Most read on Risk.net
- SEC’s Gensler takes aim at Bloomberg’s BSBY index
- The Libor replacement stakes: runners and riders
- CFTC rule change sparks dealer-client margin scuffle
- Asia moves: Deutsche appoints Asia-Pacific treasurer, Citi boosts Australian sales team, and more
- No clearing sweeteners for European SSAs, argue dealers