Journal Article
Banking policy review: over-the-counter swaps — before and after reform
Slonkosky, Michael (2015-10)
Regulations governing over-the-counter derivatives trading have moved much of the action to transparent, centralized exchanges. Michael Slonkosky describes a typical trade before and after the new rules.
Business Review , Issue Q4 , Pages 12-16

Journal Article
Regulating the raters: Key provisions in proposed reforms
Fitzpatrick, Thomas J. (2010-01)
Credit rating organizations such as Moody's and Standard & Poor's have been counted on to provide investors with impartial assessments of companies' creditworthiness, and some have relied on CROs instead of due diligence. Reforms are needed but if regulators have rule-writing authority, they can use flexibility and creativity rather than just legislation.
Forefront , Issue Winter , Pages 6-7

Journal Article
Over-the-counter swaps – before and after reform
Slonkosky, Michael (2015-10)
Now that the main elements of the new regulations can be described, let?s see how a simplified trade would be typically carried out by a fictional set of institutions both before and after the reform.3 First Bank is a large dealer bank that buys and sells securities and derivatives. High Yield (HY) is a mutual fund that has a large portfolio of junk bonds. HY wants to hedge against the risk of a downturn in the junk bond market.
Banking Policy Review , Issue Q4 , Pages 1-5