NEW YORK (Reuters) - New York state's top legal officer will issue subpoenas on Thursday to American International Group Inc over credit default swaps (CDS) contracts, a source familiar with the matter said.
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I posted to reuters.com
Cuomo to subpoena AIG on credit default swaps
http://feeds.reuters.com/~r/reuters/businessNews/~3/CHHNSU9Yf7A/idUSN2649738920090326
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March 26 2009, 7:28pm | Comments »
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I posted to reuters.com
CME in talks with dealers on CDS platform: report
http://feeds.reuters.com/~r/reuters/businessNews/~3/rjBRELKenx0/idUSTRE4BM0QK20081223
(Reuters) - Chicago Mercantile Exchange parent CME Group Inc is in advanced discussions with six dealers to take equity stakes in its credit default swaps (CDS) trading and clearing platform, the Wall Street Journal said.
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December 23 2008, 10:35am | Comments »
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I posted to reuters.com
Banks back mandatory CDS clearing: report
http://feeds.reuters.com/~r/reuters/businessNews/~3/HIU7pd5FEeo/idUSTRE4AJ2BC20081120
LONDON (Reuters) - Some of the world's top banks are backing a proposal to develop a mandatory central clearing system for the $55 trillion credit default swap (CDS) market, a report in the Financial Times said on Thursday. Dealer banks are stepping up efforts to back CDS clearing to head off a more radical overhaul, which includes a proposal to move trading of over-the-counter CDS on to an exchange, the report said, citing an internal Morgan Stanley email.
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November 20 2008, 9:27am | Comments »
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I posted to reuters.com
Fed may take charge of CDS regulation: report
http://feeds.reuters.com/~r/reuters/businessNews/~3/08s6Zalb9A8/idUSTRE4AB1L720081112
(Reuters) - The U.S. Federal Reserve is in discussions with other regulators to become the lead regulator for clearing trades in the $33 trillion credit default swaps (CDS) market, news service Bloomberg said, citing people with knowledge of the proposal.
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November 12 2008, 8:29am | Comments »
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