Ag Committee Votes To Mandate Central Clearing

In response to backlash received overnight, the U.S. House Agricultural Committee voted to keep a provision that would mandate the central clearing of credit default swaps over designated clearinghouses, eliminating terms that might have offered a potentially costly alternative.

  • 12 Feb 2009

--Jeanene Timberlake

In response to backlash received overnight, the U.S. House Agricultural Committee voted to keep a provision that would mandate the central clearing of credit default swaps over designated clearinghouses, eliminating terms that might have offered a potentially costly alternative. The vote took place today during a hearing ...

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