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Tag Archive: Credit default swaps

CFTC’s Credit Swap Reporting Requirements Result in Chaos


The U.S. is trying to monitor the kinds of transactions that contributed to the 2008 financial crash, and subsequent recession, but the effort has shot itself in the foot, all for lack of a data standard. The Commodity Futures Trading Commission has been tasked with oversight of credit default swaps, but their attempts to define a standard for reporting in this previously unmonitored market have not worked out as planned.

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