"This proposal has gotten managers asking, 'How realistic is it that we rapidly develop a level of transparency similar to exchange-traded markets where we also have robust reporting and price discovery?' We probably shouldn't be overly optimistic given this first test case."
--Matthew Kerfoot, counsel at Dechert, on the outlook for changes in derivatives regulation given an interim rule prior to the Dodd-Frank Act's enactment.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
