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The Enigma Of Clearing Buy Side Otc Derivatives, Christian Johnson
The Enigma Of Clearing Buy Side Otc Derivatives, Christian Johnson
Christian A. Johnson
Congress is currently drafting bills and holding hearings on regulating the over-the-counter (“OTC”) derivatives market. One principal focus is on reducing credit and systemic risk by eventually requiring the majority of OTC derivatives to be cleared through registered clearing organizations or agencies (hereinafter “clearing-houses”).