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Hedge Funds Say SEC's Swaps Crackdown Threatens Corporate Bond Market
www.capitolaccountdc.com

Hedge Funds Say SEC's Swaps Crackdown Threatens Corporate Bond Market

Also, brokerages' MiFID reprieve is coming to an end; Capitol Account interviews Gensler tomorrow

Jul 26, 2022
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Hedge Funds Say SEC's Swaps Crackdown Threatens Corporate Bond Market
www.capitolaccountdc.com

The credit default swap market has long been considered one of the most sinister and shadowy corners of Wall Street. The complex products played a starring role in the 2008 financial crisis when insurer AIG was forced to take a government bailout after using the instruments to make a disastrous wager on subprime mortgages. And more recently, a handful o…

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