Jun 01, 2012
In regards to the new Dodd-Frank regulations for major swap participants, partner Steven Lofchie stated, " This is one of the most ill-conceived regulations in Dodd-Frank, because it applies capital regulation and sales practice responsibilities toward the counterparties of buy-side firms, such as pension plans. Most US pension plans are underfunded, so how exactly are they supposed to abide by capital regulation? ... I think the regulators realised these proposals are unworkable and as such, they have drafted regulations that would capture almost nobody as a major swap participant."
Scott Cammarn, Mark Chorazak, Jonathan Watkins,Chris Gavin, Joseph Beach, Peter Morreale
Richard Brand, Stephen Fraidin, Jonathan Watkins, James Fee
Michele Maman, Thomas Curtin, Anthony De Leo, Donny Ariel
Jeffrey Rotblat will discuss "Accumulation/Aggregation/Alternative Exit Strategies" at this event.