Michael W. Stocker Led a Panel Discussion Regarding the Derivatives Market After the Financial Overhaul
August 03, 2010
On August 3, 2010 from 1:00 - 2:00 p.m, Michael W. Stocker led a panel discussion during a webcast hosted by West Professional Development. The webcast entitled, "The Derivatives Market After the Financial Overhaul," focused on the protracted debate over the the Wall Street Reform Act that has finally culminated in legislation that will dramatically alter the $615 trillion over-the-counter derivatives market.
In a panel discussion, Michael Stocker, Professor Christian Johnson of the University of Utah, Professor Arthur Wilmarth of George Washington University and Michael Greenberger, former Director of the Division of Trading and Markets at the Commodity Futures Trading Commission (CFTC) addressed the scope of this far-reaching legislation and its implications for the market. Among other topics, the panel considered the modified "Volcker Rule" and the "Lincoln Push-Out Rule" and their impact on derivatives traders, the new clearing requirements, and the uncharted waters that the SEC must navigate in implementing the statute.