N.Y. CDS Bill Reaches State Assembly
The New York state bill banning naked credit default swaps, where the user of the derivative has no economic interest in the underlying debt securities, and that would force the sellers of CDS to be licensed insurance carriers, reached the state assembly this morning.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts