SEC head calls for transparency on credit default swap (Reuters)

Posted by admin on October 22, 2008 under News | Be the First to Comment

SEC head calls for transparency on credit default swap (Reuters)

Securities and Exchange Commission Chairman Christopher Cox testifies at the U.S. House Financial Services Committee about financial market regulatory restructuring in Washington July 24, 2008. (Larry Downing/Reuters)Reuters – SEC Chairman Christopher Cox has called on Congress to pass legislation that would make so-called credit default swaps more transparent, including requiring that dealers in over-the-counter swaps publicly report their trades and the trades’ value.


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