Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
NEW YORK (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 ...
NEW YORK, Jan 28 (Reuters) - The potential failure of bond insurer ACA Capital Holdings , which is struggling to make payments to some counterparties, may create confusion in settling contracts that ...