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 […]
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 […]
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, […]
On Aug. 5, FIA filed a comment letter with the U.S. Commodity Futures Trading Commission in response to the CFTC’s “Foreign Futures and Options Transactions” proposal. The proposal would codify...FIA joined with the International Swaps and Derivatives Association in responding to a discussion paper on the design of default management auctions conducted by central counterparties in case of...FIA President and CEO Walt Lukken today announced that Don Byron will be joining the association as Head of Global Industry Operations and Execution. This senior position will be responsible for...Washington, DC—FIA President and CEO Walt Lukken today made the following statement on the retirement announcement of House Agriculture Committee Ranking Member Mike Conaway: “FIA...On 29 July, FIA, alongside ISDA and AFME responded to the ESMA consultations (i) draft technical advice on criteria for tiering under Article 25(2a) of EMIR 2.2; and (ii) Technical Advice on...Washington, D.C.—FIA today released its half-year 2019 report on trading activity in the global exchange-traded derivatives market. The...At an open meeting on July 11, the five members of the U.S. Commodity Futures Trading Commission voted unanimously to release a proposed rulemaking designed to create a less burdensome regulatory...(Feed generated with FetchRSS) […]
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. […]
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. […]
BIS press release "BIS to set up Innovation Hub for central banks", 30 June 2019. […]
BIS press release on the presentation of the Annual Economic Report 2019, 30 June 2019. Monetary policy can no longer be the main engine of economic growth, and other policy drivers need to kick in to ensure the global economy achieves sustainable momentum, the Bank for International Settlements (BIS) writes in its Annual Economic Report. […]
Press Release - Basel Committee finalises revisions to leverage ratio treatment of client cleared derivatives and disclosure requirements to address window-dressing, 26 June 2019. […]
Press Release - Basel Committee publishes literature review on the costs and benefits of bank capital, 24 June 2019. […]
Press Release on the pre-release of one chapter of the Annual Economic Report of the BIS, 23 June 2019. Big tech in finance: opportunities and risks. […]
Press Release - Overview of Pillar 2 supervisory review practices and approaches published by the Basel Committee, 21 June 2019. […]
Press Release - Basel Committee discusses policy and supervisory initiatives and approves implementation reports, 20 June 2019. […]
CPMI and IOSCO press release about "A discussion paper on central counterparty default management auctions", 5 June 2019 […]
CPMI press release: A new online database allows easy navigation of the current and past CPMI and IOSCO Level 2 assessments, 31 May 2019 […]
CPMI publishes new data on correspondent banking networks showing 20% reduction in relationships over seven years, 27 May 2019 […]
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Press Release - Basel Committee reports on Basel III implementation progress, 7 May 2019. Release of the "Sixteenth progress report on adoption of the Basel regulatory framework". […]
Press release about Basel Committee issuing a consolidated version of its standards (9 April 2019) […]
FINRA and the SEC’s Office of Investor Education and Advocacy are issuing this Investor Alert to inform investors about social sentiment investing tools and highlight their risks. This Alert provides tips to consider before using tools that analyze or aggregate information from social media sources to make investment decisions or attempt to predict changes in the stock market’s direction or in the price of a security. […]
Press release about "2019 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets" (29 March 2019) […]