Johnson Presents at the University of Stockholm and Oxford on OTC Derivative Clearing

Christian Johnson, Professor of Law at the University of Utah S.J. Quinney College of Law, presented “Comments on Professor Craig Pirrong’s Paper titled “A Bill of Goods:  CCPs and Systemic Risk,” at Oxford University’s Derivatives Regulation After the Crisis conference, held June 22-23.  On June 25, Johnson presented “Clearing of Derivatives and its Systemic Implications” at an academic roundtable at the University of Stockholm. In his presentation, Johnson outlined the mechanics of clearing OTC derivatives and discussed the systemic implications of moving OTC derivatives into a clearing model. Earlier that day in Stockholm, Johnson presented a discussion to lawyers and bankers about the difficulties that buyside firms are encountering in their efforts to clear OTC derivatives. The discussion drew from Johnson’s recent article, “A Primer on Clearing OTC Derivatives:  A Buyside Blueprint for Implementation,” co-authored with Laura Dicioccio, that was published in the June 2013 Futures & Derivatives Law Report.