US regulators’ CDS roundtable previewed

Author: | Published: 21 Oct 2010

The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are holding a joint roundtable today that could help define how the credit default swaps (CDS) market is regulated. The roundtable will provide a venue for input from swap industry executives, and lawyers say the opportunity will be widely met.

“It shows the regulators are listening,” said Linklaters capital markets partner Gary Barnett, “and they’re willing to be informed about market realities.”

<!--[if !supportEmptyParas]--> The roundtable will be held today at 9am EST, at the CFTC’s headquarters in Washington. The public can listen in through a toll-free number provided at the Commission’s website. The panel plans to discuss products in the first half of the roundtable and the clearing process in the second.