The prices associated with various derivatives contracts will rely on "magic numbers" released by Wholesale Markets Brokers' Association (WMBA) chairman David Clark, according to Reuters.
The first of these numbers...
Investment Company Institute (ICI) head Paul Schott Stevens stated on May 10 that mutual funds need to engage in derivatives management in order to protect the principal of retail investors and utilize strategies that are otherwise only available...
Read More ...With national regulators' attention fixed firmly on the ongoing situation with JPMorgan Chase, the Securities and Exchange Commission has recommended some new changes to the way in which banks handle derivatives and hedge accounting, according...
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