CFTC Swaps Report (Dec'13-Jan'14)

The multi-trillion-dollar market for, what was at that time wholly unregulated, over-the-counter derivatives ("swaps") is widely viewed as a principal cause of the 2008 worldwide financial meltdown. The Dodd-Frank Act, signed into law on July 21, 2010, was expressly considered by Congress to be a remedy for this troublesome deregulatory problem. The legislation required the swaps market to comply with a host of business conduct and anti-competitive protections, including that the swaps market be fully transparent to U.S. financial regulators, collateralized, and capitalized. The Greenberger discussing the loophole in Dodd-Frank); Zephyr Teachout & Morris Pearl, Voters Can Help Avoid Another Costly Bail Out, TIMESUNION (August 11, 2018), https://www.timesunion.com/opinion/ article/Voters-can-help-avoid-another-costly-bail-out-13149693.php (agreeing that a loophole exists in Dodd-Frank with "foreign" swaps dealers); Marcus Baram, Big banks are exploiting a risky Dodd-Frank loophole that could cause a repeat of 2008, FAST COMPANY (June 29, 2018), https://www.fastcompany.com/90178556/big-banks-are-exploiting-arisky-dodd-frank-loophole-that-could-cause-a-repeat-of-2008 (interview with Michael Greenberger);

show abstract

Market Myopia's Climate Bubble

Condon

2021

SSRN Journal

View full text Add to dashboard Cite

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

CFTC Swaps Report (Dec'13-Jan'14)

Cited by 3 publications

References 0 publications

Insider Trading in Commodities Markets

Insider Trading in Commodities Markets

Too Big to Fail U.S. Banks’ Regulatory Alchemy: Converting an Obscure Agency Footnote into an 'At Will' Nullification of Dodd-Frank's Regulation of the Multi-Trillion Dollar Financial Swaps Market

Market Myopia's Climate Bubble

Contact Info

Product

Resources

About