http://economictimes.indiatimes.com/news/international/business/us-probing-possible-price-setting-in-credit-default-swap-indexes-report/articleshow/50051035.cms
Of course they do and the mark to market not model numbers will be stunning
Interesting timing
WASHINGTON: The US Securities and Exchange Commission is looking into whether banks combined to set prices in the $6 trillion market for credit-default swaps indexes, Bloomberg News reported on its website on Friday, citing a person with knowledge of the matter.
Of course they do and the mark to market not model numbers will be stunning
Interesting timing
WASHINGTON: The US Securities and Exchange Commission is looking into whether banks combined to set prices in the $6 trillion market for credit-default swaps indexes, Bloomberg News reported on its website on Friday, citing a person with knowledge of the matter.
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