National News
Viewing comments for:
Credit Default Swaps Should Be Regulated As Insurance
National News • July 7, 2009
Credit default swaps nearly brought down the world financial system last fall when it was discovered that AIG Financial Products had written hundreds of billions of dollars worth of credit ...
Insurance Journal is not responsible for the content of the message below.
| Subject | Posted By | Posted On |
|---|---|---|
| RE: Credit Default Swaps as Insurance | Fred Fisher | Jul 14, 2009, 10:59 am |
| Credit Default Swaps as Insurance | Mike D | Jul 8, 2009, 6:59 am |
| RE: RE: wrong forum | SWAP watcher | Jul 7, 2009, 4:59 pm |
| RE: RE: wrong forum | Bill Rempel | Jul 7, 2009, 2:53 pm |
| Regualted no- Banned and Criminalized- yes | Fred Fisher | Jul 7, 2009, 2:51 pm |
| RE: wrong forum | kathi | Jul 7, 2009, 1:10 pm |
| wrong forum | prakash v. naor | Jul 7, 2009, 11:39 am |
| RE: 3 Reasons CDS Are NOT Insurance, | Jeff | Jul 7, 2009, 10:40 am |
| 3 Reasons CDS Are NOT Insurance, | Bill Rempel | Jul 7, 2009, 8:22 am |
| Back to article | ||
Subject: RE: RE: wrong forum
For what it's worth, I think either the Commodity Futures Trading Commission, or a clearing organization like it, is the proper venue for CDS regulation. As a derivative that actually has dual purpose, i.e. some participants use them for risk control and earnings smoothing, and other participants use them purely speculatively, this makes sense to me, due to the similarities with commodity futures traders (who consist of both risk-bearing speculators and risk-offloading producers/consumers of commodities).