Swaps dealers are preparing for substantial changes to compliance and reporting requirements in the business of trading derivatives—which means swaps and derivative users can expect major changes to the market too.
The Commodity Futures Trading Commission has lately published a flurry of final rules stemming from the Dodd-Frank Act that are intended to protect swaps buyers, but they could drive up the cost of derivatives trades with their requirements for an unprecedented degree of transparency, disclosure, and compliance monitoring from swaps dealers.
