Renewing AmericaRenewing America


PrintPrint EmailEmail ShareShare CiteCite


Derivatives Clearinghouses: Opportunities and Challenges

Author: Benn Steil, Senior Fellow and Director of International Economics
May 25, 2011


Benn Steil testifies before the Senate on the importance of regulatory reforms to make U.S. markets more resilient to the failures of individual financial institutions. He argues that well capitalized and regulated central derivatives clearinghouses have historically provided the best example of successful “safe-fail” risk management in the derivatives industry.

More on This Topic


Crunch Time

Author: Jerome A. Cohen
South China Morning Post

Jerome A. Cohen asks, "As China's Communist Party elite prepare to select the country's leadership for the coming decade, to what extent does...