* Applicable Membership or Subscription discounts will be added in your shopping cart
Description: This course will enable both in-house and outside counsel to expand their skills and be more valuable to their clients by covering the why, what, when, where and how of derivatives. Derivatives are used by most large public and many private companies, in part to manage risk. This basic course will cover how the International Swaps Dealer Agreements (“ISDA”) and Credit Support Agreements (“CSAs”) work; how to avoid common, costly mistakes and unintended consequences when negotiating ISDA contracts; and understanding the differences among the three contract types. One hour of ethics credit related to compliance with new derivatives and structured products regulations will also be available.
9:00 – 10:00 a.m. Basic Derivatives and Structured Products
Why and when do companies use derivatives?
How the ISDA contracts actually work
How to avoid common, costly mistakes and unintended consequences when negotiating ISDA contracts
Selected differences related to the five classes of underlying assets: interest rates (largest class), foreign exchange, equity, credit and commodities
Securities law issues
Structured products linked to common indices, such as the S&P, Russell 2000, individual company stocks and foreign indices
Ilene Froom & Alice Yurke
10:00 – 10:45 a.m. Key Considerations in Derivatives and Structured Products and Collateral
Collateral posting and protection issues
Bankruptcy and credit downgrade considerations
Understanding netting of exposures, risk exposure, valuation and risk: notional values, counterparty risk, pricing and leverage
Use of derivatives in M&A
Tax implications of various derivatives and structured notes
Lucy Farr, Ilene Froom & Alice Yurke
10:45 – 11:00 a.m. Break
11:00 – 12:00 p.m. Derivatives and Considerations Related to New Regulations
What are the roles of the Securities Exchange Commission (“SEC”) and Commodities Futures Trading Commission (“CFTC”)
Working with multiple regulators
Derivatives clearing requirements of the Dodd Frank Act – reporting, compliance and unintended consequences
How to keep up with fast-paced regulatory changes in the derivatives and clearing area
Daniel Budofsky, Gary Kalbaugh & Ellen Pesch
12:00 – 1:00 p.m. Ethics Related to New Regulations of Swaps Clearing and Structured Products
Ethical implications of understanding, implementing, and advising business people about new, complex regulations, including
Bilateral swaps vs. centralized clearing
Types of OTC derivatives—interest rate swaps vs. credit default swaps
Classification of dealers, major swap participants, and end users
Clearing houses and central counterparties
Eligible over-the-counter transactions
Ethical rules related
Ethical rules related to the organization as a client, competence, diligence, and conflicts of interest
Adele Hogan & Brian Korn
 | | Practice Areas: | | Banking & Finance Law, Ethics & Professional Responsibility | | | Online Media Type: | | Video | | | Production Date: | | 01/23/2015 9:00 AM EST | | | Level: | | Intermediate | | | Category: | | Standard | | | Duration: | | 4 Hours, 0 Minutes | | | Online Format: | | Live | | | Course Type: | | Public |
Click here for information on subscription discounts and Group Viewing opportunities.
Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
CLE Scholarship information
Tuition Assistance for legal professionals taking our programs. Learn more about the program.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
People who bought this program also bought:| There are no current recommendations |
| | |
|
| Click on the jurisdiction to view credit eligibility details for this program
AK,
AR, AZ, CA, CEU, CO, CPE-NASBA, HI, ME, MO, MT, ND, NJ, NY-EXPER, OK, PA, VI, VT, WV
West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.
Request credits for a state not listed.
Check your state requirements and get contact information. | | |
|
|
| | • | N. Adele Hogan - Hogan Law Associates PLLC |
| | |
|