Jefferies: Swaps Capital Plan Stifles Competition
The Commodity Futures Trading Commission’s plan setting capital requirements for swap dealers and major swap participants promises to favor the bank holding companies (BHCs) and foreign bank subsidiaries that already dominate the markets, while squeezing out newer entrants, according to Jefferies & Co.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: