OTC Swaps Clearing
This is an important new course for the LL.M. in Financial Services Law Program. The recent Dodd-Frank Act, enacted in July 2010, regulates over-the-counter 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. LL.M. students only.