Obscure change in derivatives contracts under development by ISDA would require a 'stay' preventing trading partners from calling in collateral when a bank nears failure.
By Jesse Hamilton and Silla Brush|July 30, 2014 at 07:31 AM
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Wall Street and global financial regulators, trying to squash the lingering perception that banks remain “too big to fail,” are looking to an obscure change in derivatives contracts to solve the problem.