MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, July 13, 2012 New Derivatives Regs May Lock Some European Asset Managers Out of the Market The new rules surrounding the clearing of trades for over-the-counter derivatives could lock European asset managers out of the market. That is the takeaway from Alexandra Fletcher's article in Dow Jones. The wire service reports that European shops "are in the dark" about the new regulations in Europe and the U.S. "I'm forever having to explain the mechanics of clearing to our OTC clients," an unnamed London-based relationship manager of a global exchange told Dow Jones. "I can't see why it's such a difficult concept to grasp. It's exasperating." That leads Fletcher to warn that "asset managers who still want to use OTC derivatives but fail to prepare for the new clearing regime could eventually find themselves locked out of the market." The full article offers thoughts on the regs' implications for European shops. Printed from: MFWire.com/story.asp?s=40601 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |