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Article
Derivatives Regulation in the Context of the Shingle Theory
Columbia Business Law Review (1999)
  • Allen Madison, University of South Dakota School of Law
Abstract

This article discusses the regulation of derivative financial instruments. It notes that the government has neither come to a conclusion as to the necessity of regulation nor which agency would have jurisdiction. It also suggests that one tool that regulators could use as an enforcement tool is the "shingle" theory. Next, it provides history and analysis of this theory. Finally, it examines the current state of affairs regarding regulation of derivatives.

Keywords
  • Derivatives,
  • Shingle Theory,
  • Regulation,
  • Self-Regulation,
  • Securities
Disciplines
Publication Date
1999
Citation Information
Allen Madison. Derivatives Regulation in the Context of the Shingle Theory, 1999 Columbia Business Law Review 271 (1999).