Example：10.1021/acsami.1c06204 or Chem. Rev., 2007, 107, 2411-2502
Incomplete Clearinghouse Mandates American Business Law Journal (IF1.533), Pub Date : 2019-08-20, DOI: 10.1111/ablj.12149 Colleen M. Baker
In the 2007–08 financial crisis, over‐the‐counter (OTC) derivatives triggered the collapse of colossal financial institutions. In response, global policy makers instituted clearinghouse mandates. As a result, all standardized OTC derivatives must now use clearinghouses, and global financial market stability now depends upon these institutions. Yet certain underlying legal and regulatory structures threaten to undermine clearinghouse stability, particularly were a significant clearinghouse to become distressed. This article argues that the clearinghouse mandates are incomplete in that they fail to reform these problematic arrangements.