Credit Suisse lost its license to sell derivatives and was restricted in some of its other business for a time.

The problem is that insurance companies have become involved in selling very spicy financial derivatives and have got in way over their heads.

Mr. Partnoy, who once sold derivatives, seeks to portray them as at the heart of greed on Wall Street.

The Chinese sold the Type 053H, and derivatives, to foreign navies.

They were using the regional firms because they wanted to sell derivatives as fast as they created them.

Banks, which both use and sell derivatives, have criticized the accounting board's proposal for being even more misleading than the current rules.

The bank has suspended six employees it says violated internal rules in connection with selling leveraged derivatives.

Wall Street bankers who make millions of dollars selling derivatives welcomed the letter.

Mr. Patrikis has been active in the Fed's initiative to establish a code of conduct for banks selling derivatives and similar products.

The three rogues bought and sold derivatives with borrowed money to make large, reckless bets.