The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 creates a comprehensive framework for regulating derivatives markets, principally what has been an over-the-counter market for complex products such as credit default swaps. The framework is covered in Title VII of the legislation.

Most of these OTC contracts now will be traded in regulated exchanges or similar facilities.  

What terms will you need to get familiar with as clearing of what can be considered exchange-traded swaps starts up?  

Here's one answer, in a gallery of key acronyms. The list comes from Mike Mykytiw, Executive Director and Senior Accounting Product Manager, Worldwide Securities Services, J.P. Morgan, speaking at NICSA’s 30th Annual Conference and Expo this week in Miami. 

Tom Steinert-Threlkeld writes for Securities Technology Monitor.

Tom Steinert-Threlkeld is editorial director of the Money Management Group at SourceMedia. He oversees the Web and print operations of Money Management Executive, Mandate Pipeline, and Securities Technology Monitor. He also advises the Web operations of FInancial Planning, On Wall Street and Bank Investment Consultant. He was vice president of the Enterprise Group of Ziff Davis Media, where he founded Baseline magazine and was editor of Interactive Week. He also has extensive background in metropolitan daily news at The Dallas Morning News and the Fort Worth Star-Telegram in Texas. More recently, he served as editorial director of Broadcasting and Cable as well as Multichannel News magazines for Reed Business Information.