Brattle principal George Oldfield and senior associate Julia Litvinova authored a newsletter that discusses the new legal mandates for derivative exchanges and clearing houses under Dodd-Frank. The newsletter also explains how derivatives clearing houses operate, outlines how a swaps exchange and clearing house might be organized, and discusses the various types of litigation that the new requirements may generate. According to the authors, Dodd-Frank’s regulations for exchange trading and clearing house intermediation of swaps transactions will not entirely eliminate the problems associated with derivates contract trading. Additionally, compliance issues may potentially lead to expanded future litigation to resolve disputes that arise from the new rules and regulations that have yet to be tested in the courts.

Experts Involved
Other Contributing Authors
Practices
Related files
8073_finance_newsletter_2011_no_1_-_clearing_houses