"It has not been demonstrated how new regulation would help the credit derivatives industry."
--Robert Pickel, ceo of the International Swaps and Derivatives Association, arguing against moves by New York State Insurance Regulator Eric Dinallo to tighten rules for monolines in the credit default swaps market.
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
