CREJ Front Page
Oct. 3, 2015
$2 billion antitrust settlement will open credit default swaps market
A $2 billion settlement reached with a dozen of the world's largest investment banks for colluding to control the credit default swaps market will smooth the creation of new market exchanges.
Daily Journal Staff Writer
A nearly $2 billion antitrust class action settlement against a dozen of the world's
largest investment banks should help open the credit default swaps market, according
to plaintiffs' attorneys involved in the case.
The class action alleged manipulation of the credit default swaps market and anti-competitive
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