November 15, 2012
Christian Johnson, Professor of Law at the University of Utah S.J. Quinney College of Law, was quoted in a recent Bloomberg BusinessWeek article about the high-stakes regulatory battle over OTC derivative reforms that is currently occurring in Washington. Johnson notes in the interview that international regulators have begun to push back against the aggressive regulation of OTC derivatives being pushed by the United States: “There is going to be enormous pressure for him to compromise,” Christian A. Johnson, professor at the University of Utah law school and author of a paper on the potential for regulatory arbitrage because of cross-border rules, said in a telephone interview on Nov. 5. “Industry will turn on him and international regulators have already turned on him. I don’t know how he will continue to stonewall them.” The concerns set out by Professor Johnson were developed in his White Paper titled “Regulatory Arbitrage, Extraterritorial Jurisdiction and Dodd-Frank: The Implications of US Global OTC Derivative Regulation”
In related news, Johnson will be presenting his research in December at the London School of Economics, the University of Stockholm and Trinity University in Dublin.