DERIVATIVES PRODUCTS AND THE LAW - ADVANCED CONCEPTS (2) (BUS 892)

Professor Alex Hunt

This course will provide an in-depth, advanced level understanding of a full range of transactions, including interest rate, foreign exchange, credit, and equity derivatives; their underlying trading strategies; and the laws and regulations that apply to these OTC transactions. This course will examine how these products are used in complex structured finance transactions, such as synthetic securitizations. It will explain in detail why counterparties enter into these transactions, how they are documented, and the principal legal issues (both domestic and international) surrounding these complex OTC products, including securities, bankruptcy, and regulatory issues. The vast majority of OTC derivatives transactions are documented under industry standard documents.

Pre-requisite Courses: Each student must have taken either Derivatives Documents – Mastering the Master Agreement, or Derivatives Law – An Introduction to Basic Concepts.