Image
June 8, 2013

Court throws out Bloomberg challenge to swap margin requirements – FT.com

I think there's many will be disappointed this case didn't go further, it would have been illustrative to see whether BBG's lawyers could make an argument stick on how IM requirements are specified by regulators.

District court judge Beryl Howell late on Friday night dismissed the lawsuit, saying that “once the plaintiff’s hyperbolic rhetoric is swept away, no facts are left to sustain the relief it seeks”.

Court throws out Bloomberg challenge to swap margin requirements – FT.com.


Popular
Most Viewed

Image

Related Articles


June 30, 2022

SIMM Falls Short says PRA Letter to Banks




2 MIN



Risk Management


June 28, 2022

FMSB Statement of Good Practice on Trading Platform Disclosures




2 MIN



Regulation


June 20, 2022

Regulatory change and data fragmentation are key challenges for 85% of firms




2 MIN



Regulation