14 U.S Banks Get Dodd-Frank Extension from Federal Reserve and FDIC The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Monday announced that they have extended the next resolution plan filing deadline for 14 domestic firms by one year to December 31, 2019, to allow additional time for the agencies to […]
Mintco Precious Metals Traders Fined and Banned by CFTC Court Order Federal Court sides with CFTC Enforcement Actions filed on September 2015 against Florida-based Mintco LLC and their owners Stuart Rubin and Richard Q. Zimmerman. Consent Orders by Federal Judge Beth F. Bloom fines Mintco $250,000 and Zimmerman $45,000, as well as a 3-year trading […]
The CFTC defines its authority over retail commodity transactions involving virtual currency and Bitcoin after it brought enforcement actions against Bitfinex for not meeting “actual delivery” exemption. On Friday 15th 2017 the CFTC released a Proposed Interpretation of its view of the term “actual delivery” exception that may apply to virtual currency transactions under the Commodity […]
Recently appointed CFTC Chairman Tim Massad announced last week that there were “a lot of things” he would like to do to continue the CFTC’s goal of regulating financial markets, but that he is held back by strict congressional budget constraints
Maxine Waters, ranking member of the House Financial Services Committee, urged the CFTC this week to begin investigating the offshore actions of Wall Street banks in avoiding certain mandates set forth in the Dodd-Frank Act.
The Commodity Futures Trading Commission issued a no-action letter on Friday, stating that the Commission will be extending its overseas trading rules deadline, giving overseas traders more time to comply with the CFTC’s rules.
Several commissioners have spoken out over the CFTC’s no action letters, finding that many of them were instituted without leaving them enough time to give their own input into the matter.
Outside of Massad, CFTC nominees Sharon Y. Bowen and J. Christopher Giancarlo, who are slated to take on roles as commissioners, will also be answering some questions for the Senate.
The agreement will relieve EU trading platforms from being affected by US derivative trading rules, at least for the time being.
FIA joined with the International Swaps and Derivatives Association and the Institute of International Finance in responding to a discussion paper issued by the Financial Stability Board on the... London, UK—FIA’s President and CEO Walt Lukken today announced his acceptance of the resignation of Simon Puleston Jones, who is leaving the organization for other business pursuits. Mr. Puleston...Washington, D.C.—Jan. 25, 2019—FIA today released summary statistics for annual trading activity in the global exchange-traded derivatives markets that showed record activity in 2018. The...Washington, DC – FIA today filed a response to the Basel Committee on Banking Supervision’s consultation on the treatment of client-cleared derivatives. The response urges the Basel Committee to...Washington, D.C. — FIA President and CEO Walt Lukken released the following statement on the retirement announcement of Senator Pat Roberts: “On behalf of FIA’s Board of Directors, members...The FIA Market Technology division completed its 15th annual continuity of business and disaster resilience test on Oct. 13, 2018. A full report on the test and its findings have been released....On Oct. 16, 2018, FIA’s Market Technology division moderated a cybersecurity and operational resilience workshop in Chicago. A summary of the event and its findings have just been published.... (Feed generated with FetchRSS) […]
Press release "CPMI-IOSCO assessment concludes that Switzerland has generally implemented the PFMI", 30 January 2019. […]
The Committee on the Global Financial System is issuing a report on "Establishing viable capital markets", 23 January 2019. […]
Press release about Basel Committee completing review of Principles for sound liquidity risk management and supervision, 17 January 2019. […]
Press release about Governors and Heads of Supervision endorsing finalised market risk capital framework and Basel Committee work programme, 14 January 2019. […]
(Feed generated with FetchRSS) […]
BIS Press Release - The December issue of the BIS Quarterly Review - Yet more bumps on the path to norma […]
Press release about the Basel Committee consults on disclosure requirement to address leverage ratio window-dressing, 13 December 2018. […]
Press release about the Basel Committee publishing updated Basel III disclosure requirements, 11 December 2018. […]
Press release "Cyber-resilience: range of practices report issued by the Basel Committee" (4 December 2018) […]
Press release "International supervisory community meets to discuss challenges ahead for global bank supervision and regulation" (29 November 2018) […]
Press release about FSB and standard-setting bodies publish final report on effects of reforms on incentives to centrally clear over-the-counter derivatives (19 November 2018) […]
Press release about the Basel Committee publishing more details on global systemically important banks (16 November 2018) […]
The Board of Directors of the Bank for International Settlements (BIS) today announced the election of Bank of Korea Governor Juyeol Lee to the Board. […]
The Bank for International Settlements (BIS) today announced that Siddharth Tiwari has joined the BIS as Chief Representative for Asia and the Pacific. […]
Information about the fourth FSI-GPFI conference on global standard-setting bodies and innovative financial inclusion, Basel, Switzerland, 25-26 October 2018 […]
Press Release - Basel Committee calls for further progress in the implementation of Basel III standards, 26 October 2018. Release of the "Fifteenth progress report on adoption of the Basel regulatory framework". […]
Press Release - Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives, 18 October 2018. […]
Press Release - Basel Committee issues final "Stress testing principles", 17 October 2018. […]
Press Release - Basel III monitoring results published by the Basel Committee, 4 October 2018. […]
CFTC Law Copyright © 2018.