(Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said regulators must use insider-trading laws to prevent abuse in the soaring market for credit-default swaps and other derivatives.
``U.S. securities laws against insider trading and market manipulation apply broadly to all financial institutions, including hedge funds, and to trading in a wide range of financial instruments, including securities-based over-the- counter derivatives transactions,'' Bernanke said today in a speech via satellite to a conference at Sea Island, Georgia.
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