Reforms reduce risk, but ISDA's O'Connor cites 'serious concern' about some policies.

Banks chief investment office embraces prop trading in search of profit.

Banks chief investment office embraces prop trading in search of profit.

Trader has derivatives positions so large that theyre said to distort prices.

Trader has derivatives positions so large that theyre said to distort prices.

Collective action clauses could mean another vote on whether swaps were triggered.

Collective action clauses could mean another vote on whether swaps were triggered.

Central banks purchase of longer debt helps borrowers like P&G pay lower rates.