All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

"If CDS is considered a derivative, it should be used for both hedging and investment activity, which means naked CDS are fully allowed."

--Edouard Vieillefond, managing director of regulatory policy and international affairs at France's Autorité de Marchés Financiers in Paris, arguing against a ban on naked CDS.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree