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  • The Australian government is planning to introduce rules to forbid the use of client money as collateral backing over-the-counter derivatives, bringing the nation in line with U.K. and U.S. standards.
  • Chase van der Rhoer, executive director of investment-grade credit trading at UBS in London, has left the firm.
  • Just over a week remains to submit your votes for EuroWeek’s syndicated loans and leveraged finance awards 2011. The poll will close at 6pm on December 1 — votes received after that time will not be counted.
  • Market participants are focusing on the health of banks’ counterparties in the event that the debt crisis would require them to meet their obligations in a credit default swap.
  • Deutsche Boerse and NYSE Euronext have offered to sell overlapping parts of their respective single-stock equity derivatives markets in key markets such as France, Germany and the U.K. as a concession to win approval for their proposed merger from the European Commission.
  • Bart Chilton, a Democrat member of the U.S. Commodities and Futures and Trading Commission, appears to be at odds with Chairman Gary Gensler over swap execution facilities.