Derivatives Law and Regulation PDF Download

Author: Gary E. Kalbaugh
Publisher:
ISBN: 9781531004156
Category :
Languages : en
Pages : 698

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Author: Gary E. Kalbaugh
Publisher: Aspen Publishers
ISBN: 9781454851301
Category : Commodity exchanges
Languages : en
Pages : 0

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Book Description
This book provides the framework for a course in the law and regulation of derivatives. It is clear, concise and thorough, offering a user-friendly, easily teachable structure, while conveying an exciting insight into this field of law. Covered are both the long-standing regulatory regime for commodity futures and options and the regulatory regime for swaps mandated by the Dodd-Frank Act. Features: Examination of the contribution of derivatives to the Financial Crisis and the public policy considerations underlying the Dodd-Frank Act Study of the Commodity Futures Trading Commission (CFTC) and its jurisdiction over most derivatives Basic economic overview of derivatives and their function and descriptions of futures, forwards, options and the most common interest rate, foreign exchange, commodity, credit, and equity swaps The law and regulation applying to CFTC registrants, including designated contract markets, derivatives clearing organizations, futures commission merchants, introducing brokers, floor brokers, commodity pool operators, commodity trading advisors, swap dealers, major swap participants, swap data repositories, and swap execution facilities Focus on commodities fraud, market manipulation and the CFTCand’s enforcement authority, as enhanced by the Dodd-Frank Act Detailed description of the documentation of off-exchange derivatives and commonly-negotiated provisions Examination of the Bankruptcy Codeand’s treatment of derivatives Comparison of trading mechanics on traditional futures exchanges to trading mechanics on swap execution facilities, including with respect to custody of customer funds Discussions of prominent failures in the derivatives market, such as Peregrine Financial Corporation, MF Global and Lehman Brothers Comprehensive glossary of relevant terms

Author: Gary E. Kalbaugh
Publisher:
ISBN: 9781531004163
Category : Commodity exchanges
Languages : en
Pages : 670

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Book Description
An introduction to derivatives -- A regulatory history of derivatives -- The Commodity Futures Trading Commission -- Contract markets -- Futures and options market intermediaries -- Commodity pool operators and commodity trade advisors -- Introduction to the regulation of swaps and prohibited swap transaction -- Swaps markets -- Swap entity registrants -- Uncleared swaps -- Bankruptcy -- Foreign exchange transactions, retail leveraged commodities, commodity options, and virtual currency -- Public enforcement of fraud and market manipulation -- Private enforcement -- Cross-border issues -- Security-based swaps

Author: Philip McBride Johnson
Publisher: Wolters Kluwer
ISBN: 0735533369
Category : Business & Economics
Languages : en
Pages : 663

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Book Description
For over a quarter century, Commodities Regulation has been recognized as the resource covering the derivatives marketplace. Today, Derivatives Regulation builds on that expertise, delivering the coverage professionals and practitioners need in order to stay current with this changing topic. Derivatives Regulation comprehensively covers the Commodity Exchange Act along with all other relevant aspects of the regulation of securities that have an impact on the derivatives markets. Derivatives Regulation is completely updated to cover the full range of emerging regulatory, reporting, and legal issues surrounding derivatives and related instruments, including: Distinguishing between regulated and unregulated derivatives�and knowing which rules to apply The significant roles of the SEC and the federal laws in regulating derivatives Meeting standards for exemption or other relief The workings of the derivatives markets and the rules applicable to trading Registration, reporting, and disclosure requirements applicable to commodities professionals Criteria for publicly traded futures and commodity options Rules governing unprofessional conduct, including the antifraud and anti-manipulation prohibitions Customer protections, the CFTC�s reparations program, arbitration programs, and private rights of action in the courts

Author: Gary Kalbaugh
Publisher:
ISBN: 9781531024161
Category :
Languages : en
Pages : 698

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Book Description
Now in its completely revised second edition, Derivatives Law and Regulation is a comprehensive and accessible casebook for law school futures, swaps, or derivatives classes. It provides a straightforward and thorough framework for a course in the law and regulation of derivatives. It is clear, concise, and user-friendly, conveying an exciting and easily teachable insight into this field of law. The casebook addresses the regulatory regimes for futures, options, and swaps of all varieties. It assumes no pre-existing knowledge of derivatives and the first chapter is dedicated to introducing what they are and their economic functions. Look for these key features: Basic economic overview of derivatives and their function, as well as descriptions of futures, forwards, options, and the most common interest rate, foreign exchange, commodity, credit, and equity swaps. Study of the jurisdiction over most derivatives conferred by the Commodity Exchange Act on the Commodity Futures Trading Commission (CFTC). The role of futures and swaps markets and their regulation, along with futures and swaps intermediaries and their regulation. The investment industry and derivatives. Examination of the contribution of derivatives to the Financial Crisis and the public policy considerations underlying the Dodd-Frank Act. Focus on transactions, including the documentation of swaps. Examination of the Bankruptcy Code's treatment of derivatives. Review of the CFTC's enforcement authority, as enhanced by the Dodd-Frank Act. The role of private rights of action. Cross-border issues and the regime for their resolution. Study of the Securities and Exchange Commission's role with respect to security-based swaps. Comprehensive glossary of relevant terms. "Gary Kalbaugh's book, Derivatives Law and Regulation (2nd edition), provides a gateway for students and practitioners to study and analyze derivative transactions and markets. The book's table of contents alone provides an important checklist for issues that need to be considered for every research project. The index, conversion tables, glossary and table of principal cases all provide access points to begin understanding and researching particular situations and scenarios. Kalbaugh's book enables the reader to study the trees all the while understanding the depth of the forest ... His writing and analysis is concise, complete and articulate precisely because he has had to resolve these issues daily for clients and then explain them to students in the evening." -- Dean Christian Johnson, Widener University Commonwealth Law School "Derivatives Law and Regulation is an excellent reference on this evolving subject not only for the experienced derivatives lawyer, but especially for practitioners who are dipping their toes into the commodity pool for the first time and for law school professors and their students taking a derivatives law course...Derivatives Law and Regulation is a comprehensive treatise, is the most readable book on the subject and should be the go-to assigned text in law school classes."-- Futures and Derivatives Law Report

Author: Simon James
Publisher: CRC Press
ISBN: 1317811313
Category : Law
Languages : en
Pages : 382

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Book Description
This volume focuses on the legal risks arising in English law in the course of derivatives transactions. It discusses the following issues: the legal risks arising in the negotiation and conduct of derivatives transactions; the regulation of the derivatives market; the capacity to enter into derivatives transactions and the standard term upon which this is done; the consequences of default by a counterparty; and the standard terms on which derivatives are entered into, particularly the ISDA Master Agreement.

Author: Rasiah Gengarathan
Publisher: Springer
ISBN:
Category : Law
Languages : en
Pages : 272

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Book Description
This book provides a straightforward and up-to-date analysis of the wide range of issues surrounding the use of derivatives in common law countries. It is the only work of its kind that focuses on derivatives law and regulation in Australia, New Zealand, Singapore, Malaysia and Hong Kong. Topics covered include: the nature of derivatives key legal issues standard market documentation derivatives regulation recent market developments regulatory reform This work will be of significant interest to bankers, lawyers, regulators and academics wanting to gain a better understanding of this complex subject.

Author: Alastair Hudson
Publisher:
ISBN: 9780414060098
Category : Derivative securities
Languages : en
Pages : 1012

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Author: Raffaele Scalcione
Publisher: Kluwer Law International B.V.
ISBN: 9041134301
Category : Law
Languages : en
Pages : 458

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Book Description
It is now widely recognized that an uncontrolled "derivatives revolution" triggered one of the most spectacular worst-case scenarios of modern times. This book - the most cogent legal analysis of the subject yet to appear in any language - lays bare the core role played by the failure to adequately regulate derivatives in the financial crisis of recent years. The author's insistence that derivatives must be viewed not as profit-seeking investments but as risk management tools - and his well-grounded prescriptions to ensure that they are regulated in that way - sheds clear light on the best way for companies, financial institutions, and hedge funds to move forward in their use of these useful but highly hazardous instruments. This book clearly shows how such elements as the following fit into the legal analysis of derivatives, and how proper regulation will preserve their usefulness and economic value: ; derivatives allow for the most efficient and cost-effective risk fractioning, hence risk taking, techniques ever conceived; derivatives allow for all measurable and identifiable risks that may exist in modern finance; the ability to isolate risks and insure against risk exposures is the key to the very survival of modern financial markets; risk buyers effectively take on financial exposure to various types of risk while hedgers unload unwanted exposures; derivatives allow domestic investors to acquire exposure to foreign markets without the necessity of dealing with foreign laws, foreign investments, currency exchange, or foreign fiscal regimes; derivatives increase social welfare by making it easier and less expensive to carry out many types of financial transactions; derivatives allow governments to insulate, manage, hedge or concentrate risks deriving from financial, meteorological, and even geopolitical exposure; and derivatives allow radical changes to financial and risk structure to be performed silently and rapidly. To the question: how do we ensure that a company trading derivatives is regulated effectively? this work offers a clear and convincing answer. The author's detailed recommendations for regulatory and corporate governance measures are designed to prevent excessive risk taking, the emergence of rogue traders, and ultimately the emergence of another systemic disturbance caused by chains of derivatives-related losses.

Author: Gregory Scopino
Publisher: Cambridge University Press
ISBN: 1107164796
Category : Business & Economics
Languages : en
Pages : 485

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Book Description
An exploration of how financial market laws and regulations can - and should - govern the use of artificial intelligence.