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Mandated Clearing of OTC Derivatives No Guarantee to Reduce Risk, Prof. Pirrong Warns

Traders Magazine Online News, August 15, 2014

Gregg Wirth

University of Houston finance Professor Craig Pirrong outlines why he thinks mandated clearing and the use of a network of central counterparties (CCPs) for clearing likely will not reduce the risk the way the G20 member countries recently envisioned.

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