New Derivatives Regs Threaten Operational Labyrinth

Kentouris, Chris
May 2010
Money Management Executive;5/3/2010, Vol. 18 Issue 18, p13
The article reports on the over-the-counter (OTC) derivatives which are the center of the U.S. Securities and Exchange Commission's case against the financial reforms of Goldman Sachs and Co. and U.S. President Barack Obama. It states that these OTC derivatives may require clearinghouses monitoring the trading activities through data repositories. Deciding how to prepare clearinghouses and interpreting on which OTC derivatives can be considered standardized is not an easy task for specialists.


Related Articles

  • Full House Vote on OTC Derivatives Rules Expected Next Month. Kite, Shane // Securities Industry News;10/19/2009, Vol. 21 Issue 22, p6 

    The article reports that the full house will vote on a final financial committee bill to regulate over-the-counter (OTC) derivatives in November 2009. The financial committee bill would prohibit major swaps dealers from owning more than 20 percent of a swaps clearing-house. Clearing firms must...

  • SEC considers rule changes for OTC dealers. Hume, Lynn Stevens // Bond Buyer;10/16/98, Vol. 326 Issue 30501, p32 

    Cites plans by the United States Securities and Exchange Commission to meet and consider adopting rule changes for over-the-counter derivatives dealers.

  • Call for clarity on new OTC rules. Lee, Georgina // Asian Investor;Sep2014, p71 

    The article focuses on the operational challenges facing asset managers as Asian regulators tighten rules on over-the-counter (OTC) derivatives trading. Topics covered include the development of central counterparty clearing houses (CCPs) to comply with regulations, the introduction of a...

  • The Agency Problems of Hedging and Earnings Management. NAN, LIN // Contemporary Accounting Research;Fall2008, Vol. 25 Issue 3, p859 

    This paper uses a principal-agent model to study the interaction between hedging and earnings management. The key assumption is that hedging makes earnings management more costly, in this model, hedging is efficient if the hedging decision is contractible, because it reduces both the risk...

  • SEC, CFTC Approach to Regs Share the Spotlight. Hume, Lynn // American Banker;9/3/2009, Vol. 174 Issue 167, p16 

    The author reports on differences that exist to regulations issued by the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The difficulties that the SEC and the CFTC may face in working together in relation to over-the-counter derivatives...

  • Non-U.S. Boards of Trade and U.S. Regulatory Reform.  // Venulex Legal Summaries;2009 Q3, Special section p1 

    The article discussions the provisions under the legislative language proposed by the administration of U.S. President Barack Obama entitled, the Over-the-Counter (OTC) Derivatives Markets Act of 2009. The objective of the language is to reform the regulation of the markets in OTC derivatives....

  • Obama's Regulatory Overkill. Lambro, Donald // Human Events;4/26/2010, Vol. 66 Issue 15, p12 

    The article reports on federal regulatory controls planned by the administration of U.S. President Barack Obama. According to the author, the legislation that the government aims to introduce attempts to cover the country's entire financial infrastructure with endless taxpayer bailouts as a main...

  • Volcker Group Reveals Reform Recommendations. Temple-West, Patrick // Bond Buyer;1/16/2009, Vol. 367 Issue 33043, p5 

    The article focuses on the recommendations of international finance experts, which call for regulation of over-the-counter (OTC) derivatives, improvements in credit rating and reevaluation of fair-value accounting. The group chaired by former U.S. Federal Reserve chairman Paul Volcker, wrote 18...

  • Regulatory Reform of Over-the-Counter (OTC) Derivatives.  // Venulex Legal Summaries;2009 Q2, Special section p1 

    The article presents the proposals of the administration of U.S. President Barack Obama in order to achieve the objectives of regulatory reform of over-the-counter (OTC) derivatives markets. The clearing of all standardized OTC derivatives transactions through central counterparties (CCP) is...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics