CFTC, Foreign Regulators Issue Joint Statement on OTC Derivatives

The U.S. Commodity and Futures Trading Commission (CFTC) issued a joint statement with foreign regulators today that outlines plans for cross-border rules. The joint statement was signed by regulatory leaders from Australia, Brazil, the European Union, Hong Kong, Japan, Canada, Singapore, and...

Canadian Regulators May Require Central Clearing for Derivatives

Canadian Securities Administrators (CSA) have proposed new rules that would require some over-the-counter derivatives to be centrally cleared. The CSA proposal is similar to rules being considered by the European Securities and Markets Authority (ESMA) in combining two approaches to defining which...