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Full-Text Articles in Banking and Finance Law
Derivatives: A Twenty-First Century Understanding, Timothy E. Lynch
Derivatives: A Twenty-First Century Understanding, Timothy E. Lynch
Faculty Works
Derivatives are commonly defined as some variation of the following: a financial instrument whose value is derived from the performance of a secondary source such as an underlying bond, commodity or index. But this definition is both over-inclusive and under-inclusive. Thus, not surprisingly, derivatives are largely misunderstood, including by many policy makers, regulators and legal analysts. It is important for interested parties such as policy makers to understand derivatives, because the types and uses of derivatives have exploded in the last few decades, and because these financial instruments can provide both social benefits and cause social harms. This Article presents …
A Common Tragedy: Promises To Benefit The Public Interest And The Enforceability Problem, Irma S. Russell
A Common Tragedy: Promises To Benefit The Public Interest And The Enforceability Problem, Irma S. Russell
Faculty Works
No abstract provided.