On “Bloomberg The Close," CME Group CEO Terry Duffy expressed concerns about permitting trades of US sovereign debt futures under foreign jurisdiction. The practice has never before been approved in the US and is not allowed by any other major country. He says “We’d be the only nation on the planet that does not oversee the laws of our own sovereign debt if we allow this to happen.” raising concerns over conflict of interest.
Author: Bloomberg Television
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News post in October 24, 2024, 12:05 am.
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