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The International Swaps and Derivatives Association has issued guidelines for derivatives activity in the U.S. on Friday when the exchanges will close to mark the funeral of former President Ronald Reagan.

Ron Tanemura is retiring from his position as global co-head of credit derivatives at Goldman Sachs in New York.

ABN AMRO recently closed a USD35 million equity portion of a single-tranche collateralized debt obligation in the Lion City.

CDC IXIS North America has hired Kumar Doraiswami, head of institutional sales at Commerzbank Securities in New York, as managing director and head of sales, which includes derivatives.

Citigroup has hired two equity derivatives sales staffers in the U.S.

Peter Croncota, head of credit derivatives sales at Bear Stearns in New York, is leaving the firm.

Collateralized debt obligation houses are starting to look at private finance initiative loans as the next reference assets for CDOs.

Michael Kemp, director and head of global equity derivatives trading at Deutsche Bank in Sydney, has left the firm after more than a decade.

Commodity products structured using traditionally equity-type pay-offs are starting to make inroads into the European retail market, according to fixed income structurers.

The flood of hedge fund money into commodity markets--in particular oil--in the last three months has raised concerns with structurers working for retail and institutional clients.

Fitch Ratings plans to publish a study of all the credit events triggered in collateralized debt obligations it rates.