Robert Steigerwald Archives - The Industry Spread

Are CCPs Too Big To Fail

December 7, 2018

Failure of a major clearinghouse would be an unprecedent event; such an event would mean there would a cataclysmic breakdown of the interlocking risk management schemes despite their highly regulated system.” Collin Peterson, a Democrat from the State of Minnesota, said at the June 2017, hearing.
But such an event may have since already occurred.