“The Global Financial Crisis 15 Years On: Insights into Central Counterparties’ Responses to Member Defaults,” LSE Law School Financial Market Infrastructure Project
Partner Vince Lazar will discuss how key central counterparties (CCPs), a type of financial market infrastructure, respond to member defaults depending on (among other factors) the nature of the default, market conditions, and the potential impact on public customers. CCP responses in past default situations are important data points in evaluating regulatory regimes that might apply in the event of a future CCP member default. In his review and analysis, Vince will touch on the high-profile defaults of Lehman and MF Global, including the public customer account porting process and derivatives portfolio auctions.
Presented by the LSE Law School Financial Market Infrastructure Project, Vince’s program will be held at the Marshall Building on the LSE campus. Click here to learn more.
Vince is a Co-Chair of Jenner & Block’s Bankruptcy Litigation and Markets and Trading Practices. Drawing upon his bankruptcy and restructuring experience, he advises clearing organizations, self-regulatory organizations, and market participants concerning member default issues, customer protection concerns, and crypto and fintech proposals.
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Partner Vince Lazar will discuss how key central counterparties (CCPs), a type of financial market infrastructure, respond to member defaults depending on (among other factors) the nature of the default, market conditions, and the potential impact on public customers. CCP responses in past default situations are important data points in evaluating regulatory regimes that might apply in the event of a future CCP member default. In his review and analysis, Vince will touch on the high-profile defaults of Lehman and MF Global, including the public customer account porting process and derivatives portfolio auctions.
Presented by the LSE Law School Financial Market Infrastructure Project, Vince’s program will be held at the Marshall Building on the LSE campus. Click here to learn more.
Vince is a Co-Chair of Jenner & Block’s Bankruptcy Litigation and Markets and Trading Practices. Drawing upon his bankruptcy and restructuring experience, he advises clearing organizations, self-regulatory organizations, and market participants concerning member default issues, customer protection concerns, and crypto and fintech proposals.
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