Walden University ScholarWorks Walden Dissertations and Doctoral Studies Walden Dissertations and Doctoral Studies Collection 1-1-2011 Credit Default Swaps Regulation and the Use of Collateralized Mortgage Obligations in U.S. Financial Institutions Jon Patraic Neill Walden University Follow this and additional works at: https://scholarworks.waldenu.edu/dissertations Part of the Finance and Financial Management Commons, Public Administration Commons, and the Public Policy Commons This Dissertation is brought to you for free and open access by the Walden Dissertations and Doctoral Studies Collection at ScholarWorks. It has been accepted for inclusion in Walden Dissertations and Doctoral Studies by an authorized administrator of ScholarWorks. For more information, please contact
[email protected]. Walden University College of Social and Behavioral Sciences This is to certify that the doctoral dissertation by Jon Patraic Neill has been found to be complete and satisfactory in all respects, and that any and all revisions required by the review committee have been made. Review Committee Dr. Stephen Morreale, Committee Chairperson, Public Policy and Administration Faculty Dr. Mark DeVirgilio, Committee Member, Public Policy and Administration Faculty Dr. Anne Fetter, University Reviewer, Public Policy and Administration Faculty Chief Academic Officer Eric Riedel, Ph.D. Walden University 2014 Abstract Credit Default Swaps Regulation and the Use of Collateralized Mortgage Obligations in U.S. Financial Institutions by Jon Patraic Neill MPA, Northern Kentucky University, 1996 BSBA, University of Florida, 1984 Dissertation Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy Public Policy and Administration Walden University July 2014 Abstract The fast and easy global movement of capital throughout the financial system, from lenders to borrowers and through intermediaries and financial market participants, has been recognized as a source of instability associated with illiquidity and financial crises.