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Cover Story: The OTC Derivatives Clearing Debate Heats Up

Forced Clearing Needed, Some Say in Congress. But what will be its effect?

Clearing Quarterly and Directory, Winter 2009

Gregory Bresiger

Here comes a new era in over-the-counter derivatives clearing. It will be an era of heightened regulation, in which swaps dealers could lose power to exchanges, clearinghouses and clearing counterparty systems.

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