• Blog post

    CFTC could overhaul cross-border derivatives approach


    CFTC Chairman J. Christopher Giancarlo plans to spearhead new rule proposals to address a range of cross-border issues with swaps regulation.

  • Blog post

    CFTC chair wants to reform and repair Dodd-Frank’s swaps rules


    CFTC Chairman J. Christopher Giancarlo is trying to set the stage for what he describes as “regulatory reform 2.0,” with a look back on the Dodd-Frank Act’s swaps rules and where his Commission succeeded, or failed.

  • Blog post

    CFTC opens public review of swaps data reporting


    The CFTC has announced it is seeking public comments as it embarks on a comprehensive review of swaps data reporting requirements.

  • Blog post

    CFTC extends comment period for new capital requirements


    The CFTC will extend the comment period on proposed capital requirements for swap dealers for an additional 60 days. The original comment period was set to expire this week.

  • Article

    New SEC rules for securities clearing agencies may benefit EU banks


    The SEC’s new rules for enhanced operational and governance standards for systematically important securities clearing agencies might just save EU banks billions of dollars in capital surcharges. Joe Mont reports.

  • Blog post

    SEC adopts rules for efficiency of securities-based swaps


    The Securities and Exchange Commission has adopted new rules that establish “timely and accurate” trade acknowledgment and verification requirements for security-based swap entities and their transactions. The rules are designed “to promote the efficient and effective operation of the SBS market.” Joe Mont reports.

  • Article

    Investment companies prepare for fresh wave of cyber-scrutiny


    Armed with Regulation S-P—the SEC’s go-to enforcement tool for cyber-security—regulators will soon begin a fresh wave of actions against investment advisers and broker-dealers who take a cavalier approach to their cyber-security responsibilities. Joe Mont reports.

  • Blog post

    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 ...

  • Article

    SEC, CFTC ‘milestones’ resolve issues with cross-border swaps deals


    Consider it regulatory kismet. Independently, on Feb. 10, the SEC and Commodity Futures Trading Commission finalized long-lingering rules and agreements needed to resolve concerns with the international marketplace for derivatives deals. The SEC’s new rules cover foreign swaps dealers who maintain trading desks in the United States, closing a perceived ...

  • Blog post

    CFTC offers up cyber-security rules, margin requirements


    The Commodity Futures Trading Commission is seeking to amend existing regulations regarding cyber-security testing and safeguards for the automated systems used by the firms it regulates. New rules would specify testing frequency requirements and require covered firms to have certain tests performed by independent contractors. In a separate matter, it ...