Alessandro Cocco and Richard KIm
This is an
important new course for the LLM in Financial Services Law Program. The
recent Dodd-Frank Act, enacted in July 2010, regulates OTC derivatives for
the first time. The Global Notional value of SWAPS is estimated to be
approximately $500 trillion in size. This course will examine the new law,
the various regulations being adopted by the SEC and the CFTC and how SWAPS
will now be traded and cleared.