Legal regime of OTC derivatives in the United States and the European Union
Abstract
After the financial crisis in 2008, the US and EU have taken significant measures in regulating the OTC derivatives. This Article provides a comparative analysis of the OTC derivatives legal regime in the US and EU. The author concludes that the EU approach is more conforming to its purpose and more comprehensive.
Received: 07/01/2018
Accepted: 07/30/2018
Accepted date: 08/30/2018
Keywords: derivatives, OTC market, Dodd-Frank Act, EMIR
Available in the on-line version with: 31.08.2018
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