With the encouragement and support of supervisors, a larger group of dealers and asset managers are now turning their attention to addressing backlogs in the equity derivatives markets. Conclusions Credit markets undoubtedly will continue to evolve in the years to come. In the short run, rapid change can pose significant challenges to market participants.
For a paper related to risk retention rules for securitization, see John Kiff and Michael Kisser (2011), “A Shot at Regulating Securitization (PDF),” September 9. BIS central bankers’ speeches  1