All Swap Transactions articles

  • BNP Paribas

    CFTC fines BNP Paribas, JPMorgan for swap reporting violations


    BNP Paribas and JPMorgan Chase agreed to pay penalties of $6 million and $850,000, respectively, in separate settlements with the Commodity Futures Trading Commission for swap reporting violations dating back years.

  • Deutsche Bank office

    Deutsche to pay $10.3M for swap data reporting, spoofing practices


    Deutsche Bank will pay a total of $10.3 million to resolve two separate CFTC settlements: one for alleged violations of various swap data reporting and other regulatory violations and the other for spoofing practices by two of its traders.

  • Blog

    CFTC approves substituted compliance framework with EU


    The Commodity Futures Trading Commission has approved a substituted compliance framework for dually-registered central counterparties, located in both the United States and European Union. European CCPs registered with the CFTC can now comply with its rules by meeting corresponding European Market Infrastructure Regulation requirements.

  • Blog

    EU rule on derivative contracts aims for financial stability


    Image: The European Commission has adopted a new set of rules that requires certain over-the-counter credit derivative contracts to be cleared through central counterparties. The rules implement a clearing obligation under the European Market Infrastructure Regulation for credit default swaps. “[The] decision marks another step towards making good on our ...

  • Blog

    CFTC Gives CCOs Extra 30 Days to File Annual Reports


    The Commodity Futures Trading Commission will give compliance officers an additional 30 days to file the annual reports required of swap dealers and major swap participants. The reports—which include an assessment of compliance resources and challenges—were initially due within 60 days of the fiscal year’s end. More inside.

  • Blog

    Budget Bill Targets Dodd-Frank’s Derivatives Restrictions


    Dec. 10—Seeking to avoid another government shutdown, the House has approved the fiscal year 2015 Omnibus Appropriations bill, legislation that will provide discretionary funding for the vast majority of the federal government for the remainder of the current fiscal year. Notable inclusions in the bill—now before the Senate—are a $150 ...