Derivs - Regulation

Several former leaders of the Securities and Exchange Commission want to prevent investing in derivatives that cannot be valued.

Reserve Bank of India draft rules requiring cash settlement of derivatives has dealers upset because it would nix using structured options to reduce the cost of a hedge restructuring.

A new slate of legal definitions to clear up the persistent succession issue in credit derivatives are in the works.

Credit derivatives lawyers cheered a U.S. District Court ruling delivered Tuesday as a confidence boost to the market that credit default swaps will hold up under contract law.

The meeting at Federal Reserve Bank of New York yesterday to review the infrastructure of the over-the-counter derivatives market, first reported by DW Online, drew some buyside attendees.

Seventeen Wall Street firms responsible for the bulk of credit derivatives trading are set to meet later today at the Federal Reserve Bank of New York to discuss proposed changes to the trading infrastructure for trading the contracts.

The recent surge in litigation by Indian corporates burnt by fx contracts running against them has market players fearful that the Reserve Bank of India may come down hard on the provider side by further tightening sales practices.

A notice issued by the China Banking Regulatory Commission has local banks and offshore providers worried about a possible shake up of the structured products business for high-net-worth clients.

The Trust Association of Republic of China has reportedly tightened sales practice rules for retail Taiwanese structured product distributors.

Lawyers are questioning whether a suggestion by the New York insurance superintendent that certain credit derivatives could be regulated under insurance law will ever see the light of day.

The multi-billion dollar Indian participatory note, or p-note, market is girding itself in the wake of local reports that the government is considering taxing profits.

A growing number of investment banks are becoming increasingly interested in spring cleaning documentation linked to past transactions.