Janda, Karel; Rausser, Gordon C. - In: European financial and accounting journal : EFAJ 6 (2011) 4, pp. 7-19
This paper describes the major issues in the clearing of over-the-counter (OTC) derivatives and the current regulative initiatives aimed at removing the market opaqueness. The core of the paper is the comparison of the US Dodd-Frank Wall Street Reform and Consumer Protection Act and the European...
