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Default on Argentina's bonds may trigger $29 billion in claims, as much as all its foreign-currency reserves.
As corporate bond trading volumes wane, some investors are using credit-default swaps to bet on whether bonds will rise or fall in value.
The SEC's changes were less threatening than rule-making by the Financial Stability Oversight Council.
SEC votes to require prime funds to adopt a floating net asset value.
Financial Stability Board suggests basing rates on trade data rather than estimates.
More and more businesses are settling transactions in the currency.