Document Type
Article
Publication Date
January 1999
Keywords
Derivatives, Shingle Theory, Regulation, Self-Regulation, Securities
Disciplines
Law | Securities Law
Abstract
This article discusses the regulation of derivative financial instruments. It notes that the government has neither come to a conclusion as to the necessity of regulation nor which agency would have jurisdiction. It also suggests that one tool that regulators could use as an enforcement tool is the "shingle" theory. Next, it provides history and analysis of this theory. Finally, it examines the current state of affairs regarding regulation of derivatives.
Publication Title
Columbia Business Law Review
Volume
1999
Recommended Citation
Allen Madison. Derivatives Regulation in the Context of the Shingle Theory, 1999 Columbia Business Law Review 271 (1999).