On Thursday the CFTC approved the Swaps Block Rule, the Made Available to Trade Rule, the SEF rules, and the Interpretive Guidance and Policy Statement on Disruptive Practices....more
5/20/2013
- CFTC SEFs Swaps
The Commodity Futures Trading Commission (CFTC) will vote next week on the Swap Execution Facilities (SEF) rules overseeing derivatives under the Dodd-Frank Wall Street Reform Act....more
5/13/2013
- CFTC Dodd-Frank Swap Execution Facilities
The Commodity Futures Trading Commission (CFTC) is reportedly “seriously” looking into whether Bitcoin may fall under its scope....more
5/8/2013
The Commodity Futures Trading Commission (CFTC) gave last-minute relief to Foreign Exchange prime brokers after listening to complaints that the market could be threatened by new business conduct rules....more
5/7/2013
- CFTC Dodd-Frank Foreign Exchanges Swap Dealers
Wall street bankers and some of the top finance ministers in the world are engaged in an intense battle with the Commodity Futures Trading Commission, as they attempt to stop the agency from extending their regulatory powers...more
5/2/2013
- CFTC Derivatives
CME Group, the U.S. based derivatives exchange is in the process of applying for a license to the European Securities and Markets Authority (ESMA) in an effort to become a trade repository in Europe....more
4/23/2013
- CFTC CME Derivatives ESMA EU London Stock Exchange
The CFTC has filed a complaint against Tunney & Associates, an accounting firm with offices in Indiana and Illinois, for failing to properly audit a registered Futures Commission Merchant. Michael Tunney, the firm’s sole...more
4/19/2013
- Accountants Audits CFTC Commodities Exchange Act
A proposed financial EU transaction tax would damage the region’s economies, says ICAP, one of the world’s largest inter-bank brokers....more
4/8/2013
- EU Financial Transaction Tax ICAP
The world’s largest futures exchange, CME Group Inc., is pushing to expand its European business as it begins a new London-based market, while IntercontinentalExchange Inc. advances their planned purchase of NYSE Euronext....more
3/29/2013
- CME EU Futures
A newly created industry initiative backed by banks, has been launched with the hope to standardize administrative messages on swap execution facilities (SEFs). The initiative also has a goal of automating exchanges between...more
3/28/2013
- Broker-Dealer SEFs Swaps TESI
The SEC’s Chairman Elisse Walter urged for a plan that would largely rely on foreign regulation for cross-border trades — ones that would only apply to U.S. rules in cases where no comparable regulations existed....more
3/26/2013
- CFTC Cross-Border FX Swaps SEC
The Securities and Exchange Commission’s (SEC) proposal for solutions to major trading glitches on Wall Street was approved unanimously on Thursday. The Wall Street Journal indicates that the SEC’s proposal is a step toward...more
3/11/2013
Lawyers for a number of the world’s biggest banks have asked a U.S. judge to throw out a collection of lawsuits accusing them of manipulating Libor, key interest rates, and cheating investors out of billions of dollars....more
3/6/2013
- Class Action Interest Rate Swaps Investors Libor
