Tag:
derivatives
Latest Headlines
Latest Headlines
Debt crisis revives Goldman Sachs swaps controversy
Goldman Sachs' work for Greece has been controversial for at least three years.
The future of NYSE Euronext
At NYSE Euronext, the question is: What now? It invested so much--some might say it bet the farm--on inking a deal with Deutsche Bourse, that it must now fight the perception that it is merely...
Regulation opposition highlights economic analysis
It was big news in July when an appellate panel struck down the Dodd-Frank requirement that companies comply with new proxy access rules. The reasoning was even more interesting. The judges struck
Counterparties reassess risk of derivatives
You could sense the fear over big U.S. banks just recently, as the European debt crisis heated up and concerns mounted about just how exposed banks were. Stocks tanked yet again, taking prices well
Synthetic ETFs under scrutiny abroad
One the surface, it looked like the SEC made a wise decision back in 2010 when it ostensibly halted the launch of exchanged-traded funds that invest heavily in derivatives. These so-called synthetic
Fomer Goldman Sachs employee charged with insider trading
In an interesting civil action, the SEC has charged a former Goldman Sachs trader with insider trading, alleging that he tipped of his father to some impending ETF re-balancing activity that allowed
Can Dodd-Frank create jobs?
We used to joke about the Sarbanes-Oxley Act as something akin to a full employment act for accountants. It created lots of jobs without a doubt. Now comes Dodd-Frank, and some are calling it a
Delta One desks, ETFs and the UBS fiasco
Both Kweku Adoboli, the UBS trader who was arrested for his role in the latest European rogue trading scandal, and before him Jérôme Kerviel, the Société
SEFs consolidation coming already
As the new Dodd Frank-created derivatives market was discussed, it soon became clear that just about every market participant out there wanted to become a swap execution facility (SEF), which struck
Allstate sues Goldman Sachs
Is the legal pile-on just now starting? We're certainly seeing more big investors in MBSs and the derivatives built on those MBSs filing lawsuits against big banks. The latest was Allstate, which has
