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MMissionGraduate Texts in Financial Law
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Part III · Successor Design

Chapter A

Authorities and Bibliographic Note

Cases, filings, methodologies, and articles this seminar actually uses

A compact table of authorities for the financial-law graduate seminar. It is a starting library, not an exhaustive digest.

Cite the booklet, the rule filing, and the statute before you cite the newspaper. The VIX literature is large; the legally operative documents are not.

Methodologies and product specifications

  • Cboe, Volatility Index Methodology: Cboe Volatility Index (v6.0, 26 February 2026).
  • Cboe, Volatility Index Mathematics Methodology (companion booklet, February 2026).
  • Cboe VIX white paper (standard public exposition of the 2003 rewrite and listed complex).
  • CFE Chapter rules governing VIX futures; CFE certifications on Mini VIX delisting and on VIX future-option orders (including CFE-2025-021 and successors).
  • Cboe Options rules and SR-CBOE-2026-004 (VIX future-option orders; SEC file progressing through 2026).
  • Hyperliquid documentation of perpetual mark, oracle/index, and funding; venue rulebook analogue to a DCM chapter for Genus II.
  • datafi.live skills.md and soul.md (house identity; unsigned print on [0, 1]; signed = (unsigned − 0.5) × 2; forward-confidence event rule).
  • FloatNet construction booklet FN-F-v1: dual-input I_t; F0 density print, F1 ranked 24h QV, F2 listed mix, F3 premium coordinate.

Statutes, agencies, and cases

  • Commodity Exchange Act, 7 U.S.C. §1 et seq.; CFTC Parts 15–21, 38, 40.
  • Securities Exchange Act of 1934, §§9, 10(b); Rule 10b-5; national-securities-exchange SRO rule filings under §19(b).
  • Cboe Futures Exchange, LLC v. SEC, 78 F.4th 327 (D.C. Cir. 2023) (SPIKES / competition explanation).
  • XIV / VelocityShares ETN litigation, including district-court dismissals and Second Circuit revival of certain claims against Credit Suisse concerning the 5 February 2018 acceleration and after-hours indicative value.

Core articles

  • Robert E. Whaley, “Derivatives on Market Volatility: Hedging Tools Long Overdue,” Journal of Derivatives (1993).
  • Demeterfi, Derman, Kamal & Zou, “More Than You Ever Wanted to Know About Volatility Swaps,” Goldman Sachs (1999).
  • Britten-Jones & Neuberger, “Option Prices, Implied Price Processes, and Stochastic Volatility,” Journal of Finance (2000).
  • Carr & Madan; Bakshi & Madan, on spanning and the log contract.
  • Carr & Wu, “A Tale of Two Indices,” and subsequent VIX / variance-swap term-structure work.
  • Breeden & Litzenberger, “Prices of State-Contingent Claims Implicit in Option Prices,” Journal of Business (1978).

Market chronology used in Chapters VII and IX

  • 19 January / April 1993: Cboe launches the original VIX (later VXO).
  • 2003: SPX variance-strip rewrite with Goldman Sachs.
  • 24–26 March 2004: VIX futures listed on CFE.
  • February 2006: VIX options listed on Cboe Options.
  • 5–15 February 2018: VIX spike; XIV acceleration and wind-down.
  • March 2020: modern official-series peak (low 80s).
  • 14 October 2024: CFE lists options on VIX futures (UX).
  • 26 February 2026: VIX methodology booklet v6.0.
  • Spring–summer 2026: SEC proceedings and CFTC certifications on VIX future-option packages.
  • August–September 2026: VIX near 14.2–14.5; 52-week range 13.38–35.30; midterms on 3 November 2026.
  • 19 August 2026: P-clock u^P = 1.00 on Hyperliquid Core names (Table 8).
  • 3–4 September 2026: cash VIX 14.32 / 14.53 with u^P 0.73–0.77.
  • 10 September 2026: first dual freeze of live Q against u^P = 0.77 (F2 listed).