The EU and the CFTC have announced that they will be working together in their implementation of cross-border regulation, after talks in Washington.
Experts are saying that the CFTC’s new rules will affect fund performance, as the higher cost of doing business will detract from returns. Many also worry that new disclosure rules will lead to confidentiality issues offshore.
The Commodity Futures Trading Commission (CFTC) is considering making adjustments to the Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations proposed rule.
The CFTC is facing threats of legal action from Bloomberg over the differences in the proposed treatment of swaps and swap-futures margins.
Gary Gensler of the CFTC stated that banks may be helping hedge funds avoid rules meant to reduce market risks by routing trades overseas.
Outgoing CFTC commissioner Jill Sommers has publicly expressed frustration at the CFTC’s imposed provisions on derivatives market participants.
The U.S. Commodity Futures Trading Commission (CFTC) will publicly discuss the “futurization” of the swaps market on January 31.
The Securities and Exchange Commission (SEC) is expected to make public today its proposed rules concerning capital and margin requirements for security-based swap dealers and major security-based swap participants.
The CFTC is considering exempting inter-affiliate swaps from mandatory clearing on the condition that they comply with margin requirements.
Speaking at an Institute of International Bankers conference yesterday, CFTC Chairman Gensler announced that the agency is working with the Federal Reserve, the SEC and international regulators to ensure that margin requirements for the $648…