From AllGov
''In addition to overseeing the trading of futures, the CFTC must keep tabs of the $300 trillion market for swaps. Market swaps are complicated loan exchanges in which borrowers “swap” different types of loans, such as fixed rate loans and floating rate loans. Each party in the swap is hoping that the loan he has gotten has an advantage (i.e., creating capital losses to avoid taxes).''
read more
No comments:
Post a Comment