This course provides the student with an introduction to the law governing the derivatives markets. The primary focus is on the regulated futures and options on futures markets, but consideration is given to the over-the-counter market in derivatives, including the swap and forward markets. Topics include the mechanics of trading in the futures and other derivatives markets, the use of the derivatives markets for hedging, speculation and price discovery, the organization and regulation of contract markets and their members, and the regulation of futures commission merchants, commodity trading advisors and commodity pool operators.

This substantive course focuses on the laws, regulations and policies governing the derivatives markets.

Students are expected to participate in substantive class discussions. There is a final exam. 

Recommended for the Following Professional Pathways: Corporate Transactions and Governance; Financial Services and Compliance

Prerequisite or Co-requisite: Corporations

2 Credits