European Commission extends investigation into CDS market

The European Commission unit that oversees antitrust regulation has announced that it is extending an investigation of credit default swaps market information to include ISDA. ISDA issued this statement in response to the announcement: "ISDA is aware that it has been made subject to these proceedings. ISDA is confident that it has acted properly at all times and has not infringed EU competition rules. ISDA is co-operating fully with regulatory authorities."

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