Interestingly, with Bart Chilton leaving the CFTC soon, this will mark the first time the CFTC, originally created to monitor commodity trading and hedging within the agricultural industry, will be without a chairman or commissioner with a background in agriculture.
According to Bloomberg, President Obama has selected securities lawyer Sharon Y. Bowen to replace Bart Chilton as CFTC commissioner. The news comes on the heels of Commissioner Mark P. Wetjen being voted in by fellow commissioners to replace Chairman Gary Gensler until Obama’s nomination for Timmothy Massad is voted on by the Senate. Chilton announced […]
As the year comes to an end, so will the term for current Commodity Futures Trading Commission chairman Gary Gensler, according to Bloomberg, commissioner Mark P. Wetjen will be temporarily taking his place. Though Obama has nominated Timothy Massad to take the position, the Senate is yet to hold a hearing to vote on the […]
The Commodity Futures Trading Commission’s Scott O’Malia is hoping to see some changes to the CFTC over the next year.
Chilton says a main reason for the 2008 crash was the years of deregulation of the market that had occurred before hand, allowing institutions to make enormous and complicated trades that very few people actually understood.
Obama had brought up the idea of a second term to Gensler back in March, and though Gensler hasn’t commented on the subject, it’s been assumed that he is looking for a more prominent position.
On Tuesday, June 18th 2013, CFTC Commissioner Bart Chilton gave the keynote address in the conference Hedge Fund Industry in 2013, which was held in Chicago, Illinois. In the address, he gives some insight into the working parts behind the Commodities Futures Trading Commission, and why they see some aspects of the financial industry as […]
Chilton’s plan is charge a fee of $0.0006 per transaction. The commissioner feels that the fee would really help the CFTC, stating, “We could fund $300 million a year, which is what our agency needs.”
Press release: Basel Committee invites comments on the design of a prudential treatment for crypto-assets, 12 December 2019. […]
The U.S. Commodity Futures Trading Commission acted on Dec. 10 to reopen the comment period on a 2016 proposal regarding capital requirements for swap dealers. Two of the CFTC's five commissioners...On 27 November, FIA held a Compliance and Regulation forum for members in London where regulatory and industry experts offered perspectives on sustainable finance and discussed the importance of a...Thank you, David, for that kind introduction. I appreciate your leadership and that of the Asia Advisory Board. This is David’s last year as chair of the FIA Asia Advisory Board...As commodity market participants look ahead to 2020, perhaps the only thing they can be sure of is uncertainty. That was the theme at a panel discussion Dec. 4 at FIA's Asia 2019...FIA responded today to the ESMA consultation paper on Draft technical advice on commercial terms for providing clearing services under EMIR (FRANDT). FIA and its members are fully supportive of...Today, FIA and ISDA submitted a response to ESMA's consultation on the review of the Market Abuse Regulation. We focused on the ESMA proposals for commodities and explained why the separate...The U.S. Commodity Futures Trading Commission held a public meeting Nov. 25 in Washington, D.C., to discuss final amendments to several sections of the agency's Part 4 rules. The amendments, which...(Feed generated with FetchRSS) […]
Press release: CPMI and IOSCO share authorities´ experiences in cooperation to increase FMI safety and efficiency, 10 December 2019 […]
BIS Press Release - Easing trade tensions lift sentiment: BIS Quarterly Review, 8 December 2019 […]
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Press release about the Basel Committee publishing consultation paper on revisions to the credit valuation adjustment risk framework, 28 November 2019. […]
Press release about the Basel Committee issuing guiding principles for the operationalisation of a sectoral countercyclical capital buffer, 27 November 2019. […]
Press release about the Basel Committee publishing more details on global systemically important banks (22 November 2019) […]
Press release about the Basel Committee issuing a Report on open banking and application programming interfaces, 19 November 2019. […]
Press release about the Basel Committee consulting on Pillar 3 disclosure templates related to banks' market risk and sovereign exposures, 14 November 2019. […]
The Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) today launched the BIS Innovation Hub Centre in Singapore. […]
Appointments made to lead BIS central bank groups, 11 November 2019. […]
Benoît Cœuré has been appointed to head BIS Innovation Hub, 11 November 2019. […]
Press release about the Basel Committee consulting on guidelines on cooperation between the prudential and AML/CFT supervision, 8 November 2019. […]
Press release about Basel Committee assesses members' implementation of the Net Stable Funding Ratio and large exposures framework, 7 November 2019. […]
Press Release - The Basel Committee announces Canada as host of the 2020 International Conference of Banking Supervisors, 31 October 2019. […]
Press Release - The Basel Committee discusses policy and supervisory initiatives and approves implementation reports, 31 October 2019. […]
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. […]