OTC CLEARING AND TRADING (2) (BUS 620)

Professor 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.