Tag: solvency risk

Getting clear on clearing

Gary Cohn, president and COO of Goldman Sachs, weighs in with his doubts about the wisdom of the current regulatory push to move as much as possible of security trading onto clearinghouse platforms.  (See article in FT here, and podcast here.)  Now Moody’s asks for industry feedback on clearinghouse risk, and CFTC Commissioner Bowen reiterates […]