18.1 OVERVIEW18.2 THE WALL STREET TRANSPARENCY AND ACCOUNTABILITY PART OF THE DODD–FRANK ACT OF 201018.3 EVALUATION OF PROPOSED REFORMS18.4 CLEARING, MARGINS, TRANSPARENCY AND SYSTEMIC RISK OF CLEARINGHOUSES18.5 CONCLUSION: HOW WILL THE DERIVATIVES REFORMS AFFECT GLOBAL FINANCE IN FUTURE?APPENDIX A: ITEMS CONCERNING OTC DERIVATIVES LEFT BY THE DODD–FRANK ACT FOR FUTURE STUDYAPPENDIX B: CURRENT OTC DISCLOSURE PROVIDED BY DEALER BANKSAPPENDIX C: SOVEREIGN CREDIT DEFAULT SWAPS MARKETSNOTESREFERENCES