Topic
Derivatives
747 published works
Securities Law Prof Blog
SEC Approves Temporary Exemptions for CME to Operate as Central Counterparty for CDSs
The SEC approved conditional exemptions that will allow the Chicago Mercantile Exchange Inc. (CME) to operate as a central counterparty for clearing credit default swaps. These conditional exemptions, based on…
Securities Law Prof Blog
SEC Approves CME Operating as Central Counterparty for CDSs
The SEC approved conditional exemptions that will allow the Chicago Mercantile Exchange Inc. (CME) to operate as a central counterparty for clearing credit default swaps. These conditional exemptions, based on…
Pension Risk Matters
Vive Le Free Markets – Oh Never Mind!
French economist Frédéric Bastiat must be rolling over in his grave as more and more headlines decry capitalism in favor of stringent regulation. In "Policy Makers Weigh Fed Oversight of Derivatives"…
Pension Risk Matters
Financial Engineering, Forensics and Pension Shareholders
My dad was an aerospace engineer who later switched to mechanical engineering. My sister is an electrical engineer. My husband was an electrical engineer until he earned his PhD in…
Pension Risk Matters
Private Equity and Derivatives – Double Whammy or Blissful Combo?
According to the U.S. Government Accountability Office, nearly 4 out of 10 surveyed pension plans say they allocate monies to private equity. Allowing that some managers have turned in acceptable returns,…
Securities Law Prof Blog
Aguilar on the Future of the SEC
SEC Commissioner Luis A. Aguilar spoke at the Investment Company Institute’s Board of Governor’s Winter Meeting on Jan. 26. In his remarks, he addressed the need for independent funding for…
Securities Law Prof Blog
Dickinson on Credit Default Swaps
Credit Default Swaps: So Dear to Us, So Dangerous, by Eric Dickinson, Fordham University - School of Law, was recently posted on SSRN. Here is the abstract:Credit-default swaps (CDS) are…
Pension Risk Matters
What People Have to Say About OTC Derivatives
According to the Bank for International Settlements ("BIS"), the global market size for over-the-counter ("OTC") derivatives, as of June 2008, exceeded $683 trillion (yes trillion) or $683,725 billion. (These numbers…
Securities Law Prof Blog
IOSCO Technical Committee Studies Regulatory Reform
The International Organization of Securities Commissions (IOSCO) Technical Committee launched three task forces to support G-20 aims following a meeting by teleconference today. The Technical Committee Task Forces will consider…
Securities Law Prof Blog
SEC Convenes Meeting of International Regulators
SEC Chairman Christopher Cox announced that he will convene a meeting of the International Organization of Securities Commissions (IOSCO) Technical Committee on Monday, November 24 by teleconference to discuss urgent…