Sen. Reed: Credit derivatives market continues to grow exponentially

Posted by Staff on July 9, 2008 |

Chairman Jack Reed (D-R.I.) talks about the credit derivatives market and how it has continued to grow since its inception, not only in trading volume and total value outstanding contracts, but also in its potential risk. Reed says that this tremendous growth occurs in an environment of incidental regulation and an infrastructure that has not “kept pace” with trading volumes and product complexity. (0:46)

 
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July 9, 2008
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