The document discusses the nature of derivatives, their use as hedging devices or investment vehicles, and the risks involved in over-the-counter (OTC) derivative transactions, including market, counterparty default, and illiquidity risks. It warns that certain transactions could result in the loss of the entire investment or incur unlimited loss.
documents/vol00010-efta01356459-pdf.pdf
{"document_type":"other","reference_numbers":["DB-SDNY-0042326","SDNY_GM_00188510","EFTA01356459"]}