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: Securities Law Prof Blog

SEC Approves Exemptions for Central Counterparty in CDS

By Securites Lawprof

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The SEC today approved temporary exemptions allowing LCH.Clearnet Ltd. to operate as a central counterparty for credit default swaps with the expectation of stabilizing financial markets by reducing counterparty risk and helping to promote efficiency in the credit default swap...

Full post as published by Securities Law Prof Blog on December 23, 2008 (boomark / email).

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