The U.S. Federal Reserve Board is requesting public comment on proposed plans for the Federal Reserve Bank of New York and the Office of Financial Research to publish three new reference rates intended as alternatives to the...more
8/28/2017
/ Banking Sector ,
Derivatives ,
Federal Reserve ,
Financial Markets ,
FRBNY ,
FSOC ,
Interest Rates ,
Libor ,
Loans ,
Mortgages ,
Popular ,
Public Comment ,
Repossess ,
Stock Trades
Plans to end the long reign of the London Interbank Offered Rate (LIBOR) as one of the world's most often-used interest rate benchmarks have recently been confirmed by several top financial regulators. On July 27, 2017,...more
8/16/2017
/ Alternative Methods ,
Banking Sector ,
Benchmarks ,
CFTC ,
Derivatives ,
EU ,
Financial Conduct Authority (FCA) ,
FSOC ,
Interest Rates ,
ISDA ,
Libor ,
Loans ,
Swaps ,
UK
On February 23, 2017, U.S. federal banking regulators (Prudential Regulators), European regulators and the International Organization of Securities Commissions (IOSCO) issued statements clarifying their expectations on...more
2/27/2017
/ CFTC ,
Deadlines ,
EU ,
European Supervisory Authorities (ESAs) ,
Federal Bank Regulatory Agencies ,
Financial Conduct Authority (FCA) ,
IOSCO ,
Margin Requirements ,
No-Action Relief ,
Prudential Regulation Authority (PRA) ,
Security-Based Swaps ,
Swaps ,
Time Extensions ,
UK ,
Uncleared Swaps ,
Variation Margin Requirements (VM)
Less than two weeks into the new congressional session, the U.S. House of Representatives passed by a vote of 239 to 182 the Commodity End-User Relief Act1 (the Bill or House Bill), marking the first step by the new...more
1/20/2017
/ Algorithmic Trading ,
CFTC ,
Commodities ,
Commodity End-User Relief Act ,
Commodity Futures Contracts ,
Cross-Border Transactions ,
Derivatives ,
Dodd-Frank ,
Mandatory Clearing Requirements ,
Margin Requirements ,
Proposed Legislation ,
Swaps
The Commodity Futures Trading Commission has issued an amendment to the Regulation AT framework it originally proposed in December 2015 for automated trading on U.S. derivatives exchanges. Addressing the issues raised in the...more
The CFTC’s newly proposed rules on cross-border transactions address which swap activities affect swap-dealer thresholds and trigger transaction-level swap requirements. These are the latest in a series of CFTC rulemakings,...more