Friday, June 13, 2014

International Financial Law Review on ISDAfix

For those who can't get enough of ISDAfix, he IFLR just published The ISDAfix Scandal: Injured Investors. There is still surprisingly little information about the ISDAfix scandal. I haven't seen any banks enter into a settlement with regulatory authorities where they reveal how ISDAfix was manipulated and, just as importantly, the duration and the degree of any manipulation if it occurred.  Until that data become available, there's not much more to discuss. 

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