Our lawyers work with Boards of Directors, senior management and personnel at all levels to develop appropriate policies and guidelines for the use of OTC and exchange-traded products. End-users may negotiate a single document or may have ongoing documentation requirements. The list of new products and product areas is ever-expanding. Derivatives Products Groups lawyers' knowledge includes interest rate, foreign currency, commodity, credit and weather derivatives, as well as innovative new products. Global access and expertise allows expansion into new markets.
Trade associations are concerned with the impact of developments on their members.
Members increasingly look to trade associations to evaluate the legal certainty and judge the level of legal risk associated with new products, new markets and changes in law and regulations. The Group can assist with these analyses. On the occasions that trade associations wish to be involved in litigation that affects their members, the Derivatives Practice Group is available in a number of capacities, including representation of amicus curiae and litigation counseling. Services range from the development and redesign of new and existing clearinghouses, guaranty funds and settlement systems to comparative advice and counseling and specific legal and regulatory questions. Our lawyers have extensive experience drafting and interpreting the rules of exchanges, clearinghouses and other self-regulatory organizations.