A Comparative Analysis on the Regulation of Derivative Securities

The regulation of securities in Zambia is deemed to be insufficient, with misplaced objectives, and finds itself barely meeting the minimum required standard for Securities Regulation. This book will give comparative analysis of the regulation on one of the types of securities - derivative securities. Stemming from the tendency of traders to make maximum returns from minimal expenditure and risk, a derivative contract is arguably a high risk type of contract to be entered to by parties if poorly regulated. However, if they are well regulated and supervised, derivative securities can be a leading income and revenue generator for economic development of a country. Derivatives have been associated with a number of high-profile corporate events that roiled the global financial markets over the past two decades. This work will show historical background of this type of securities and also its features and what modes it may take up.