Topic
Derivatives
747 published works
China Law Insight
ISDA: New Master Agreement Promotes Prosperity For Derivatives
By:Liu Zhigang, Partner and Lv Yinghao, associate, King & Wood's Banking Department In the final quarter of 2007, the National Association of Financial Market Institutional Investors (“NAFMII”) was authorized by…
Securities Law Prof Blog
Warren Buffett on Corporate America
Larry Cunningham (GW) has edited a second edition of Warren Buffett's legendary essays. Among the "hot topics" touched upon in this edition are stock options, excessive CEO pay, derivatives, foreign…
Pension Risk Matters
Lowballing LIBOR May Cost Pensions Plenty
According to Wall Street Journal reporter Carrick Mollenkamp ("Libor Surges After Scrutiny Does, Too - April 18, 2008), the British Bankers' Association is moving ahead to investigate the veracity of self-reported…
Securities Law Prof Blog
SEC and CFTC Announce New Cooperation Agreement
Turf wars between the SEC and the CFTC have existed since the latter agency's creation and have only intensified over the years with the proliferation of complex products. Today the…
The D&O Diary
Subprime Litigation Wave Hits Morgan Stanley
On February 12, 2008, a plaintiff initiated a securities class action lawsuit in the United States District Court for the Central District of California relating to Morgan Stanley’s subprime-related woes.…
Pension Risk Matters
AIG Auditors 1, Traders 0 – Round 1
February 11 was a bit of an equity rollercoaster. Reports of another big price gap were to blame. According to Reuters, PricewaterhouseCoopers LLP, external auditors for AIG, "concluded that the…
Securities Law Prof Blog
MBIA Reports $2.3 Billion Net Loss for Fourth Quarter
MBIA, the largest bond insurer, reported a $2.3 billion fourth quarter net loss and a $3.5 billion write-down of its credits derivatives portfolio. Warburg Pincus purchased $500 million worth of…
Pension Risk Matters
Derivatives and Greed
Reporter Fabrice Taylor authors an interesting article in the January 30, 2007 issue of Globe and Mail. It's not a paper I regularly read though I may start. (This blog's author happens to…
Securities Law Prof Blog
CME, Nymex in Merger Talks
The Chicago Mercantile Exchange, the world's largest market for derivatives trading, and the New York Mercantile Exchange, a leader in energy and metals trading, are in talks about a $11…
China Law Insight
Inter-Bank Market Financial Derivatives Master Agreement Promulgated
By Liu Zhigang and Lv Yinghao of King & Wood's Finance Group I. Background Introduction On October 12, 2007, the National Association of Financial Market Institutional Investors ("NAFMII"), a self-regulatory…