Dramatic failures in individual markets and institutions sparked a global financial crisis that resulted in political, social, and economic unrest. In the United States, a host of legislative acts have completely reshaped the regulatory landscape. Capital Markets, Derivatives and the Law: Positivity and Preparation investigates the impact of the financial crisis on capital markets and regulation. With an emphasis on the structure and the workings of financial instruments, it considers market evolution after the crisis and the impact of Central Bank policy. In doing so, it provides the reader with the tools to recognize vulnerabilities in capital market trading activities. This edition serves as an essential guide to better understand the legal and business considerations of capital market participation. With useful definitions, case law examples, and expert insight into structures, regulation, and litigation strategies, Capital Markets, Derivatives and the Law: Positivity and Preparation offers readers invaluable tools to make prudent, well-informed decisions.

Auteur

Alan N. Rechtschaffen is a senior member of The Rechtschaffen Group at a top tier financial institution. He has over 20 years' experience in the capital markets. He is an adjunct professor of law at New York University, and has held several public offices.

Contenu

Foreword Preface Acknowledgments Introduction Chapter 1: The financial crisis: sowing the seeds of new regulation Chapter 2: Financial instruments in the capital markets Chapter 3: Using financial instruments Chapter 4: Securities regulation Chapter 5: Understanding interest rates and the economy Chapter 6: Asset valuation Chapter 7: United states treasury securities Chapter 8: Debt securities Chapter 9: Derivatives Chapter 10: Types of swaps Chapter 11: Regulation of swaps Chapter 12: Fiduciary obligation to manage risk Chapter 13: The History and Powers of the CFTC Chapter 14: Litigation issues Chapter 15: Suitability Chapter 16: Options Chapter 17: Synthesis and Conclusion Chapter 18: Fiduciary Obligation to Manage Risk Chapter 19: Litigation Issues Chapter 20: Synthesis and Conclusion Appendix Index