Topic
Swaps
164 published works
Corporate & Financial Weekly Digest
CFTC Proposes Block Trades Rules for Swap Contracts
Co-authored by Maureen C. Guilfoile and Blake J. Brockway. On June 27, the Commodity Futures Trading Commission issued a notice of proposed rulemaking concerning block trades in swap contracts. The…
Federal Securities Law Source
SEC Issues Policy Statement on Phase in of Derivatives Regulation
By Bob Tannous
On June 11, 2012, the Securities and Exchange Commission issued a policy statement describing the phase in of final rules regulating security-based swaps and security-based swap market participants. The policy…
Securities Law Prof Blog
SEC Posts New Definitions and Rules Regarding Swaps
On April 27 the SEC posted new rules and interpretive guidance under the Commodity Exchange Act (“CEA”), and the Securities Exchange Act of 1934 (“Exchange Act”), to further define the terms…
Corporate & Financial Weekly Digest
CFTC Adopts Final Rules Defining Swap Dealer, Major Swap Participant, and Eligible Contract Participant
Co-authored by Blake J. Brockway. On April 18, the Commodity Futures Trading Commission and Securities and Exchange Commission adopted final rules defining swap dealer, major swap participant, and eligible contract…
Securities Law Prof Blog
SEC Adopts Rule Defining Swaps-Related Terms for Regulating Derivatives
The SEC unanimously adopted a new rule to define a series of terms related to the over-the-counter swaps market. The rules, written jointly with the Commodity Futures Trading Commission (CFTC), implement…
Securities Law Prof Blog
SEC Takes Up Joint CFTC Rules on Swap Dealers Tomorrow
The SEC is holding an open meeting on April 18, 2012. The subject matter of the Open Meeting will be:The Commission will consider whether to adopt joint rules with the Commodity Futures…
SDNY Blog
Judge Sullivan Awards Merrill Lynch $146 Million in Contract Action Against Swap Counterparty
Judge Sullivan issued an opinion yesterday with his findings and conclusions after a breach of contract bench trial in which Merrill Lynch Capital Advisors sued its swap counterparty and a…
The Faculty Lounge
Central Clearing of OTC Derivatives — Protecting Customer Contracts and Collateral
One of my financial derivatives students – Shinichi Yoshiya – has posted to SSRN a very informative paper on the choice among collateral protection regimes as the swaps market moves…
Corporate & Financial Weekly Digest
ISDA Dodd-Frank Documentation Project
The International Swaps and Derivatives Association has launched a project to bring its master agreement and credit support document forms into compliance with the requirements of Title VII of the…
Securities Law Prof Blog
SEC Releases Analysis of Data on Credit Default Swaps
On March 15 the SEC staff made available publicly an analysis of market data related to credit default swap transactions. The analysis, which was conducted by the staff of the SEC’s…