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JPMorgan: Another Reason CDS Should Be Regulated As Insurance – Seeking Alpha


Telegraph.co.uk

JPMorgan: Another Reason CDS Should Be Regulated As Insurance
Seeking Alpha
JPMorgan's (JPM) troubled trade in its London-based CIO unit is well known. What is not properly understood, and particularly by regulators, is the source of the problem. JPMorgan is selling insurance and gambling contracts in an unregulated market.
JPMorgan losses highlight need for credit default swap regulationTelegraph.co.uk



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