Derivatives Law & Policy. 1 credit

Catalog description

This course will review the workings of derivative instruments in the capital markets and how such instruments themselves are used. The relationship between banking and capital markets, and between government and the private markets, will be explored, as will the most important legal and fiduciary responsibilities involved. While not highly technical, the various principal types of derivatives will be examined. We will therefore also consider the numerous public policy issues relating to derivatives, their role in the Crisis of 2008, the history of attempts to regulate these instruments, and the current regulatory structure.Offered by Law. May not be repeated for credit.