CFTC’s Division of Swap Dealer and Intermediary Oversight (DSIO) announced it was offering no-action relief, a move that would ultimately offer amendments to legacy swaps without those being declared legacy swaps no longer.
Derivatives clearing organizations (DCOs) offer a valuable purpose in the investment community. Like many other investment operations, they’re thoroughly regulated, and sometimes those regulations are not as clear-cut as many would prefer. Thus, the Commodity Futures Trading Commission (CFTC) recent approved a new rule change that would address issues present in the DCO community and […]
Following the 2017 Primer on virtual currency, The CFTC has now published a primer on smart contracts. This aims to provide some advice and direction on the advantages and risks that can happen with smart contracts.
CFTC Approves a Final Rule to Amend Uncleared Swap Margin Requirements The Commodity Futures Trading Commission (CFTC) announced today that it has approved a final rule to amend its uncleared swap margin requirements (CFTC Margin Rule) to better align with certain rules (QFC Rules) adopted by the Board of Governors of the Federal Reserve System […]
Joseph Kim, Former Bitcoin and Litecoin Trader, Charged by CFTC The CFTC has ordered a trader to pay a large fine for orchestrating an illegal Bitcoin and Litecoin scheme. As a consequence of an order filed by the Commission, they have settled charges against Mr. Joseph Kim, a Phoenix, Arizona resident. Mr. Kim has been […]
On 5th November 2018 the CFTC held a meeting to consider rules of the swap markets, which includes the De Minimis Exception and changes to the SEF regulations.
Gelfman Blueprint and CEO Nicholas Gelfman of Brooklyn to pay in total over $2.5 million for the first anti-fraud action involving Bitcoin.
In a Press Release the U.S. District Court of Massachusetts held the CFTC has jurisdiction to enforce Cryptocurrencies as commodities.
World Investor Week is a 7 day global campaign dedicated to investor protection and education. The CFTC, NFA ,SEC and FINRA will participate.
FINRA Charges Ayre with Fraud and Unlawful Distribution of Unregistered Cryptocurrency Securities HempCoin FINRA announced today that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, […]
Press Release - Basel Committee reports on Basel III implementation progress, 16 October 2019. Release of the "Seventeenth progress report on adoption of the Basel regulatory framework". […]
Report sets out governance of key OTC derivatives data elements, 9 October 2019. […]
The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) have today signed an operational agreement on the BIS Innovation Hub Centre in Switzerland. […]
The Committee on the Global Financial System (CGFS) and the Markets Committee have published two major reports on the implementation and implications of unconventional monetary policy tools (UMPTs) introduced by central banks in response to the financial crisis and its aftermath. […]
FINRA cautions investors who are considering binary options to be alert to potentially fraudulent schemes, and particularly wary of non-U.S. companies that offer binary options trading platforms. […]
Press Release - Basel III monitoring results based on end-2018 data published by the Basel Committee, 2 October 2019. […]
FIA welcomed more than 100 attendees from across the derivatives industry to its forum in Frankfurt on 24 September , where the impact of post-crisis reforms, new rules in Europe and international...Washington, D.C.—FIA today announced that 20 companies have been chosen to exhibit in the FIA Innovators Pavilion at the 35th Annual Futures and Options Expo , which will take place in Chicago on...(as prepared) Guten Morgen and welcome to FIA’s Frankfurt Forum . This city is the perfect gathering place for our industry, given its unique position in global finance. To begin...FIA submitted a letter to the SEC that raises concerns about the Options Clearing Corporation’s (OCC) proposed new capital management plan. In the letter, FIA raised issues about the lack of a...FIA’s Financial Management Committee submitted a petition for more flexibility for FCMs to invest customer funds in safe and liquid financial instruments under applicable CFTC rules. Specifically...FIA responded to both the CFTC and the SEC on ICE Clear Credit’s proposed rule amendments to allocate non-default losses for investment losses and custodial losses to clearing members.FIA and ISDA sent a joint comment letter today in response to the CFTC’s call to enhance the rules governing various aspects of the Core Principles applicable to derivatives clearing organizations...(Feed generated with FetchRSS) […]
October 1-7, 2019 is World Investor Week, a global campaign to raise awareness about the importance of investor education and protection. U.S. securities regulators offer these key messages for Main Street investors. […]
The Bank for International Settlements (BIS) and the Hong Kong Monetary Authority (HKMA) have today signed an Operational Agreement on the BIS Innovation Hub Centre in Hong Kong SAR. […]
BIS Press Release - The September 2019 issue of the BIS Quarterly Review - Markets swing on trade and monetary policy […]
The Board of Directors of the Bank for International Settlements (BIS) has appointed Ravi Menon as Chair of the BIS Asian Consultative Council (ACC) from 26 September 2019. Mr Menon is Managing Director of the Monetary Authority of Singapore. The term of appointment for the ACC Chairman is two years. (Press release, 18 September 2019) […]
The Bank for International Settlements (BIS) and the Hong Kong Monetary Authority (HKMA) have today signed an Operational Agreement on the BIS Innovation Hub Centre in Hong Kong SAR. […]
Press Release - Senior officials from public authorities meet on stablecoins, Basel, 16 September 2019. […]
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Financial fraud routinely follows on the heels of disaster. Hurricanes and their aftermath are no exception. We are issuing this Alert to warn investors that investment scams may come your way touting stocks and other investments with the promise of huge gains in the wake of major hurricanes. […]
FINRA updated and is reissuing our 529 saving savings plan investor alert to highlight Jobs Act changes, and to remind investors to closely consider both their state of residency and the applicable fees—including fees associated with share classes—when making 529 investment decisions. […]
Press Release - Basel Committee and IOSCO agree to one-year extension of the final implementation phase of the margin requirements for non-centrally cleared derivatives, 23 July 2019. […]
As an investor, you may have read about "Class A," "Class B," Class C", or other classes of mutual fund shares. If you are thinking about choosing one of these classes, it is important for you to understand the differences between them. FINRA regulates broker/dealers and their registered representatives, and we provide investors with information about securities products and services. […]
The Bank for International Settlements (BIS) today announced the appointment of Alexandre Tombini as Chief Representative for the Americas. […]
Press release about Basel Committee assesses members' implementation of the Net Stable Funding Ratio and large exposures framework, 4 July 2019. […]
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