The President’s Working Group on Financial Markets is looking at ways to better understand and regulate derivatives and credit default swaps, which essentially are insurance on corporate debt.

One idea is to create a central clearinghouse for credit default swaps and have the Federal Reserve, the Securities and Exchange Commission and the Commodity Futures Trading Commission share information on them, including prices and trading volume. The goal is to “increase market transparency to monitor market trends, identify potential issues and prevent market manipulation and insider trading.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.