The International Swaps and Derivatives Association is pitching membership to regional banks that are burdened by the legal fees associated with derivatives contracts.

At issue is the ability of these companies to "net" their derivatives contracts with another institution - rather than account for the contracts individually - and thus lower the amount of capital they must hold.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.