Donna Parisi on Dodd-Frank

SEC Proposes New Large Position Reporting Requirements and Prohibitions on Fraud and Manipulation For Security-Based Swaps

On December 15, the Securities and Exchange Commission (SEC) proposed a series of potentially far-reaching changes to the regulation of the security-based swap (SBS) markets. Among other changes, the proposed rules would...more

1/3/2022 / Anti-Manipulation Rule , Chief Compliance Officers , Disclosure Requirements , Dodd-Frank , Proposed Rules , Securities and Exchange Commission (SEC) , Securities Fraud , Security-Based Swaps

Regulators Finalize Amendments to the Swap Margin Rule and Seek to Extend Implementation Deadline

On June 25, 2020, the Federal Reserve, Farm Credit Administration, Federal Deposit Insurance Corporation, Federal Housing Finance Agency and Office of the Comptroller of the Currency (the “Agencies”) finalized amendments to...more

7/23/2020 / Comptroller , Coronavirus/COVID-19 , Dodd-Frank , Farm Credit Administration , Federal Housing Administration (FHA) , Federal Reserve , Libor

SEC Finalizes Capital, Margin and Segregation Requirements

As a further step towards the implementation of its security-based swap regime, the Securities and Exchange Commission (SEC) has adopted a number of long-awaited capital, margin and segregation requirements for security-based...more

11/14/2019 / Broker-Dealer , Capital Requirements , CFTC , Dodd-Frank , Final Rules , Margin Requirements , MSBSPs , Securities and Exchange Commission (SEC) , Security-Based Swaps , Segregation Requirements , Swap Dealers

CFTC Considers Revamp of SEF Regulatory Framework

Toward the end of 2018, the Commodity Futures Trading Commission (CFTC) proposed significant revisions to the framework governing swap trading through swap execution facilities (SEFs) and designated contract markets (DCMs)....more

2/6/2019 / CFTC , Comment Period , Commodity Exchange Act (CEA) , Designated Contract Markets (DCMs) , Dodd-Frank , Mandatory Clearing Requirements , Market Participants , Proposed Amendments , Registration Requirement , Regulatory Agenda , Regulatory Oversight , SEFs , Swap Clearing , Swaps

Financial Regulatory Developments Focus - May 2018 #4

In this week's newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

6/4/2018 / AML/CFT , Banking Sector , Corporate Governance , Dodd-Frank , EU , European Securities and Markets Authority (ESMA) , Financial Services Industry , MiFID II , Prudential Regulation Authority (PRA) , Prudential Standards , Securities , UK

Volcker Rule 2.0: First Major Rule Revisions Proposed

Earlier this week, the Federal Reserve Board and other federal regulatory agencies (the “Agencies”) responsible for implementing the Volcker Rule agreed to seek public comment on proposed changes (the “Proposed Rule”) to the...more

6/4/2018 / Amended Regulation , Congressional Review Act , Dodd-Frank , Trump Administration , Volcker Rule

CFTC Chair Outlines Further Steps to Swaps Trading Rules Reform

On April 26, 2018, Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo and Chief Economist Bruce Tuckman published a white paper on potential reforms to the CFTC’s swaps trading rules....more

5/11/2018 / Central Counterparties , CFTC , Dodd-Frank , LabCFTC , Swap Execution Facilities , Swaps

Financial Regulatory Developments Focus - February 2018 #2

In this week's newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

2/15/2018 / Benchmarks , Cease and Desist Orders , Dodd-Frank , Entrepreneurs , EU , EU Market Abuse Regulation (EU MAR) , Stress Tests , UK , UK Brexit , Venture Capital , Wells Fargo

A Corporate End User’s Handbook for Dodd-Frank Derivatives Compliance

The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), signed into law on July 21, 2010, was the largest overhaul of the U.S. derivatives market in history. While there are still a few parts of Dodd-Frank...more

1/31/2018 / Derivatives , Dodd-Frank , Extraterritoriality Rules , Major Swap Participants , Mandatory Clearing Requirements , Recordkeeping Requirements , Reporting Requirements , Swap Dealers , Swaps

Financial Regulatory Developments Focus - November 2017

In this newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and...more

11/16/2017 / Criminal Convictions , Cuban Assets Control Regulations (CACR) , Dodd-Frank , Enforcement Actions , Eurozone , MiFID II , Passporting , Small and Medium-Sized Enterprises (SMEs) , Virtual Currency

Financial Regulatory Developments Focus - February 2017

In this newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and...more

2/13/2017 / Dodd-Frank , EU , Fiduciary Rule , Financial Regulatory Reform , Regulation Technical Standards (RTS) , Regulatory Freeze , Ring-Fencing , Stress Tests , Trump Administration , UK