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Regulators Target High Speed Trading and Swap Clearing Houses

Risks associated with high speed trading and organizations that clear swap transactions are being scrutinized by regulators, says Federal Reserve Chair Janet Yellen. So reports Bloomberg.

Yellen’s comments during the Financial Stability Oversight Council follow statements by executives at firms such JPMorgan Chase & Co. and BlackRock who maintain that clearinghouses shift risks to a handful or organization, which could lead to big losses for banks.

Read the full article from Bloomberg.

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