Life After Dodd-Frank: Loan CDS, TRS ­ Part I

The full impact of Dodd-Frank on financial markets cannot yet be predicted, but there can be no doubt that the legislation has introduced sweeping changes to the derivatives industry. This Learning Curve focuses on potential changes to the regulatory framework for loan credit default swaps and loan total return swaps and their trading markets as a result of Dodd-Frank. In Part II, we'll discuss the detail of the new clearing requirements.