Purpose – The purpose of this paper is to describe the background and reasoning behind the June 18, 2007 US Supreme Court decision in Credit Suisse Securities (USA) v. Billing et al. Design/methodology/approach – The paper explains the US District Court for the Southern District of New...

Purpose – The purpose of this paper is to summarize the Joint Report on Regulatory Harmonization issued by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on October 16, 2009. Design/methodology/approach – The paper explains the background and...