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Home » Rulemaking » of execution for CDS-related transactions is of less regulatory importance than for other reported transactions in TRACE-eligible securities because the price of a transaction in a TRACE-eligible security executed pursuant to a CDS is arrived at under the terms of the CDS agreement that are established at the time the CDS is agreed upon by the parties. Consequently, NASD believes that a precise ti

of execution for CDS-related transactions is of less regulatory importance than for other reported transactions in TRACE-eligible securities because the price of a transaction in a TRACE-eligible security executed pursuant to a CDS is arrived at under the terms of the CDS agreement that are established at the time the CDS is agreed upon by the parties. Consequently, NASD believes that a precise ti

Document ID: SEC-2006-1438-0001
Document Type: Notice
Agency: Securities And Exchange Commission
Topics: No Topics associated with this document
Federal Register Number: E6-18798
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Received Date: November 08 2006, at 07:25 AM Eastern Standard Time
Comment Start Date: November 8 2006, at 12:00 AM Eastern Standard Time

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