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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
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  • Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, said the agency may extend exemptions on certain provisions of derivatives-related regulations in the Dodd-Frank Act when it meets Oct. 18 to vote on approving positions-limits rules and clearinghouse principles.
  • European leveraged loan collateralized loan obligations are likely to come under increasing pressure in the fourth quarter, according to Fitch Ratings.
  • The level of confidence in Markit Group’s just-launched commercial mortgage-backed securities derivatives index would rise with greater transparency, according to Credit Suisse analysts.
  • The Investment Company Institute has launched ICI Global, a new trade organization that will focus on regulatory, market and other issues for global investment funds.
  • The pricing gap between the Chicago Board Options Exchange Russell 2000 Volatility Index and the CBOE Volatility Index has widened by 12.60 points, the highest since hitting a record 12.84 points in April 2009.
  • Regulators have issued their proposed Volcker Rule for public comment after a Sept. 30 draft version leaked over the past several days.