Regulations Actually Helping OTC Derivatives Markets? Yes, Says One Analyst

As the current deregulatory environment rages in Washington DC, post-crisis over-the-counter derivatives regulation stands as a rare epitome of government effectiveness, a new report claims. In the wake of financial crisis, the OTC derivatives markets are “alive and well because of, not in spite of, a slew of post-crisis legislation and regulation put in place over the past decade,” Greenwich Associates Head of Research for Market Structure and Technology Kevin McPartland wrote. While the system isn’t perfect, with a strong foundation in place it can be modified to improve effectiveness, he says. When speaking with reporters Thursday, Gary Cohn, director…