E.U. Derivatives Reform
It is an often-quoted truism that when America sneezes Europe catches a cold. The U.S. sneezed with the Dodd-Frank Act in July 2010 and, on Sept. 15 (the second anniversary of Lehman Brother's bankruptcy), the European Commission responded with the publication of its much-anticipated draft legislation for overhauling the OTC derivatives market. Europe, at least for the moment, appears to be in rude health.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: