Search
 

Rep. Frank Says Congress Will Move To Halter Credit Swaps

WASHINGTON--Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said today that Congress will likely move next year to require companies which insure credit default swaps, s

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON–Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, said today that Congress will likely move next year to require companies which insure credit default swaps, such as American International Group, to at least partially reserve against potential losses.

Recommended Stories

Big opioid companies agree to pay $260 million

Jef Feeley and Riley Griffin |

Drug wholesalers and Teva Pharmaceutical settle the first federal trial over the companies’ role in fueling the U.S. opioid epidemic.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.