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EU Council Document: Proposal for a Regulation on Short Selling and Credit Default Swaps - Presidency compromise

( May 10, 2011, 15:59 GMT | Official Statement) -- MLex Summary: Market regulators could waive restrictions on the use of credit derivatives related to government bonds for six months, if liquidity in trading of the bonds falls below a threshold to be set later, representing "a significant decline relative to the average level of liquidity for the sovereign debt concerned," in a compromise proposal by Hungarian officials.Click the attachment below for the full document: Proposal for a Regulation of the European Parliament and of the Council on Short Selling and certain aspects of Credit Default Swaps - Revised Presidency compromise...

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