OTC Derivatives: Lawsuits Involving Sales Practice Concerns

GGD-98-43R Published: Dec 19, 1997. Publicly Released: Dec 19, 1997.

Highlights

Pursuant to a congressional request, GAO reviewed: (a) the sales practices related to over-the-counter derivatives, mortgage-backed securities, and structured notes; and (2) lawsuits involving sales practices concerns.

Full Report

Full Report (8 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Justice and Law Enforcement

Derivative securitiesLitigationLossesMortgage-backed securitiesSecurities arbitrationSecurities fraudCommodities exchangesFinancial instrumentsFinancial derivativesSecurities firms