With regulatory implementation of the Dodd-Frank Wall Street Reform and
Consumer Financial Protection Act of 2010 well underway, it has never been
more critical for counsel and their corporate clients to have a deep
understanding of the implications of these regulatory changes on the banking,
securities, and financial services sectors. At Wolters Kluwer Law & Business,
we’ve created the Dodd-Frank Manual Series to identify the
issues, explore the topics, and dissect the “need-to-know” regulations.
Each volume in this new series, written by Wolters Kluwer Law & Business
Attorney-Editors, explains issues by Title of the Act, providing a focused
discussion and analysis of specific topics that will expedite your research,
giving you the knowledge to confidently advise clients and ensure corporate
compliance.
This volume, Derivatives (Title VII), authored by Wolters Kluwer
Attorney-Editors Lene Powell, J.D., and James Hamilton, J.D., LL.M., explains
the extensive derivatives reform measures implemented by the Dodd-Frank Act
and accompanying regulations. The authors analyze the impact on various
entities, including swap and security-based swap dealers and major swap
participants, designated contract markets, swap exchange facilities, and
derivatives clearing organizations. They also cover new registration,
reporting, and recordkeeping requirements; new product and entity definitions;
protection of cleared swaps customer contracts and collateral; and more.