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Erik Sirri by A. Campbell is a document available to read on EtoBox.

What is Erik Sirri about?

1. The SEC director testified about credit default swaps (CDS) and risks they pose to financial stability. A central counterparty for CDS could help reduce counterparty risk. 2. While CDS can be useful tools, the unchecked growth of the over-the-counter CDS market and its ties to securities markets raise systemic concerns. 3. The SEC supports establishing a central counterparty for CDS clearing and is working with other regulators. However, more authority is needed to increase transparency and mitigate

Author

A. Campbell

Language

EN