Under the Dodd-Frank Act a mandate was given for the regulation and greater transparency for Credit Default Swaps (CDS) markets and trade compliance, with a lack of transparency making it difficult to analyze the value of CDS and a huge size of the market creating great risks, particularly for CDS used for speculative bets.

Question

Quizplus · Accepted Answer

This is a true statement. The Dodd-Frank Act mandated greater transparency and regulation of Credit Default Swaps (CDS) markets and trade compliance. Lack of transparency and the large size of the market created risks, particularly for CDS used for speculative bets.

Under the Dodd-Frank Act a Mandate Was Given for the Regulation