Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...

NEW YORK (Reuters) - SEC Chairman Christopher Cox has called on Congress to pass legislation that would make so-called credit default swaps more transparent, including requiring that dealers in ...

NEW YORK, Jan 28 (Reuters) - The potential failure of bond insurer ACA Capital Holdings , which is struggling to make payments to some counterparties, may create confusion in settling contracts that ...

One year after Lehman Brothers developed a credit default swap that referenced preferred securities, eight dealers have come up with a standard form of documentation for this product, which was ...

The recent 7th Circuit ruling affirmed a decision by the Southern District of Indiana, applying New York law, to enjoin payment under a credit-default swap. If extended, the precedent may become a ...