Regulation SE, the last of the Title VII Dodd-Frank rulemakings, will become effective on February 13, 2024.
The Securities and Exchange Commission (SEC) has taken a significant step in enhancing the regulatory landscape...more
A new rule removes the requirement to clear IBOR-based swaps and extends mandatory clearing to swaps on IBOR alternatives.
On August 12, 2022, the US Commodity Futures Trading Commission (CFTC) voted to amend its...more
This Client Alert White Paper serves as a comprehensive guide to the new rule, which largely supersedes prior CFTC guidance that had informed market practice for over seven years.
Key Points:
..The new rule became...more
While not unlimited, the relief is welcome for counterparties seeking to transition to risk-free rates for legacy swaps.
The US Commodity Futures Trading Commission (CFTC) has issued no-action relief to help market...more
1/24/2020
/ CFTC ,
Derivatives ,
DMO ,
DSIO ,
Inter-Bank Offered Rates (IBORs) ,
Libor ,
Market Participants ,
No-Action Relief ,
SEFs ,
Swap Clearing ,
Swap Dealers ,
Swaps
Note: This version includes an additional section on the Terrorism Risk Insurance Program Reauthorization Act of 2015, which amends certain provisions of the Dodd-Frank Act to exempt certain counterparties from the initial...more
Dealers and major industry participants may be subject to new margin requirements beginning as early as December 1, 2015.
Regulators are expected to finalize rules regarding margin requirements for uncleared swaps...more
1/9/2015
/ Basel Committee on Banking Supervision (BCBS) ,
CFTC ,
Covered Entities ,
International Harmonization ,
Major Swap Participants ,
Margin Requirements ,
New Regulations ,
Prudential Regulation Authority (PRA) ,
Prudential Standards ,
Securities ,
Swap Dealers ,
Swaps
The SEC has proposed recordkeeping and reporting rules and capital charges for security-based swap dealers based on the current broker-dealer reporting and recordkeeping regime.
Market participants in the derivatives...more