Excerpt from Practical Guidance

Implementing ISDA's Credit Derivatives Definition Changes

By Fabien Carruzzo, Daniel Eggermann, Daniel King and Stephen Zide (August 26, 2019, 10:04 PM EDT) -- In a continuing effort to address the advent of narrowly tailored credit events, or NTCEs, in the credit default swap market, the International Swaps and Derivatives Association is now preparing for the implementation of the changes designed to deter market participants from running these strategies....

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