What would Trigger a US Government Default?

David Geen, general counsel at ISDA, breaks down what would constitute a default by the U.S. government if the debt ceiling is breached and the Treasury needs to pick and choose which bills to pay. He speaks on Bloomberg Television’s “Market Makers.”

Watch: What would Trigger a US Government Default?

Response to FCA on Post-trade Transparency

On October 16, ISDA responded to the Financial Conduct Authority’s (FCA) consultation CP26/30.  While the consultation is principally focused on cash equity market structure and transparency, ISDA responded to questions on the potential inclusion of equity swaps in the scope...

Efficiency is Vital to Delivering Resilience

With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...