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FUTURES AND OPTIONS: REGULATORY AND DERIVATIVE ISSUES

IAIN CULLEN (SIMMONS & SIMMONS, ONE OF THE LEADING FIRMS OF SOLICITORS IN THE CITY OF LONDON)

Journal of Financial Regulation and Compliance

ISSN: 1358-1988

Article publication date: 1 January 1992

Abstract

This paper describes the current status of the Securities & Investments Board (SIB) Regulations relating to futures and options funds (FOFs) and geared futures and options funds (GFOFs) and addresses the need for amendments to accommodate guarantees and performance fees. It also considers the position of trustees in relation to futures brokers' terms of business and outlines ways in which trustees of GFOFs can protect themselves against having to bear an excess of liabilities over assets.

Citation

CULLEN, I. (1992), "FUTURES AND OPTIONS: REGULATORY AND DERIVATIVE ISSUES", Journal of Financial Regulation and Compliance, Vol. 1 No. 1, pp. 72-81. https://doi.org/10.1108/eb024753

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited