Banking / Finance

Capital Markets, Derivatives, and the Law: Evolution After Crisis, 3rd Edition

By Alan N. Rechtschaffen
Oxford University Press USA July 2019

Specifications

ISBN-13
9780190879631
Publisher
Oxford University Press USA
Publication
July 2019
Format
Hardback , 496 pages
Jurisdiction
U.S. ? Countri(es) for reference only

Details

Dramatic failures in individual markets and institutions sparked a global financial crisis that resulted in political, social, and economic unrest. In the United States, a host of legislative acts have completely reshaped the regulatory landscape.

Capital Markets, Derivatives and the Law: Positivity and Preparation investigates the impact of the financial crisis on capital markets and regulation. With an emphasis on the structure and the workings of financial instruments, it considers market evolution after the crisis and the impact of Central Bank policy. In doing so, it provides the reader with the tools to recognize vulnerabilities in capital market trading activities.

This edition serves as an essential guide to better understand the legal and business considerations of capital market participation. With useful definitions, case law examples, and expert insight into structures, regulation, and litigation strategies, Capital Markets, Derivatives and the Law: Positivity and Preparation offers readers invaluable tools to make prudent, well-informed decisions.

Table of Contents

Foreword
Preface
Acknowledgments
Introduction
Chapter 1: The financial crisis: sowing the seeds of new regulation
Chapter 2: Financial instruments in the capital markets
Chapter 3: Using financial instruments
Chapter 4: Securities regulation
Chapter 5: Understanding interest rates and the economy
Chapter 6: Asset valuation
Chapter 7: United states treasury securities
Chapter 8: Debt securities
Chapter 9: Derivatives
Chapter 10: Types of swaps
Chapter 11: Regulation of swaps
Chapter 12: Fiduciary obligation to manage risk
Chapter 13: The History and Powers of the CFTC
Chapter 14: Litigation issues
Chapter 15: Suitability
Chapter 16: Options
Chapter 17: Synthesis and Conclusion
Appendix
Index

About the Author

Alan N. Rechtschaffen is a senior member of the Rechtschaffen Group, a top tier global financial institution. He has over 20 years of experience participating in capital markets and advising governments, corporations, and individuals. As an adjunct Professor at New York University School of Law, he teaches the course he created-Financial Instruments and the Capital Markets. At Fordham University School of Law, he created and taught courses on Capital Markets, Financial Instruments, Derivatives, Risk Management, and Corporate Governance. Alan Rechtschaffen leads central bankers and international regulators in policy discussions at the NYU Global Economic Policy Forum, which he also created and co-chairs. He has held several public offices, served as a regulator, and counsels high-level government officials.

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