ISDA comment on EMIR REFIT proposals

ISDA expressed it support the European Commission to amend the European Market Infrastructure Regulation (EMIR) and proposed further edits to enhance the framework by reducing costs and complexity for end-users.

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Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...