In recent years, the global financial market has seen an abundant increase in the use of credit derivatives; more specifically, the use of credit default swaps (CDSs).
Dutt, Nathaniel G.
"Current United States Credit Default Swap Regulatory Initiatives: A New World Standard Or Just A Ploy?,"
ILSA Journal of International & Comparative Law: Vol. 16
, Article 9.
Available at: https://nsuworks.nova.edu/ilsajournal/vol16/iss1/9