Provides students with an introduction to the mechanics and uses of derivatives, as well as their complex and dynamic regulatory and legal landscape. Course Information: Same as IBT 527. Previously listed as JD 777/IBT 777. Prerequisite(s): JD 401, and JD 405, and JD 406, and JD 407, and JD 411, and JD 414, and JD 415, and JD 416; and LAW 402 or LAW 403 or LAW 404; and LAW 412 or LAW 413.