June 2, 2011
By Jamila Trindle
Transparency and competitiveness brought to the swaps market will bring "tangible benefits" to corporations and commercial end users because it will lower costs over time, Commodity Futures Trading Commission Chairman Gary Gensler will tell a group of corporate treasurers in New York Thursday.
"The more transparent a marketplace is, the more liquid it is for standardized instruments, the more competitive it is and the lower the costs for hedgers, borrowers and, ultimately, their customers," Gensler plans to tell a meeting of the National Association of Corporate Treasurers, according to prepared remarks…
Read Full Article on Nasdaq News.
Last Updated: June 2, 2011