ISDA Introduces New Rules for CDSs, Pickel Testifies Before US Senate Committee, ICE Trust Launches

The International Swaps and Derivatives Association (ISDA) has this week introduced new rules governing the market’s dealings with credit default swaps (CDS). Robert Pickel, executive director and CEO of ISDA explained the changes in a testimony before the US Senate Committee on Banking, Housing and Urban Affairs earlier this week. The new rules cover the...

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