December 03, 2012 at 10:47 AM EST
Implementing Swaps Reporting in the Worst Way
November saw a mini-drama involving the CME, CFTC, and DTCC about the issue of SDRs. (Acronym overload!) SDRs being Swap Data Repositories, a spawn of Frankendodd-arguably the only good thing in the Title VII litter. CME had filed to become an SDR, and wanted to require anyone who cleared swaps through CME to report the [...]
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