This client alert addresses three aspects of security-based swap (SBS) regulations recently issued by the Securities Exchange Commission (SEC) that are relevant to commercial end users, funds, and other financial end users:...more
With 2020 now behind us, we look forward to the year ahead while noting just one of the many lessons of the past year: the difficulty of prediction. We simplify the task by limiting our focus to five topics in derivatives...more
On 14 September 2020, the Commodity Futures Trading Commission (CFTC) published a final rule in the Federal Register entitled "Cross Border Application of the Registration Thresholds and Certain Requirements Applicable to...more
On February 15, 2019, the U.S. District Court for the Southern District of New York issued its ruling in the case of Aurelius Capital Master, Ltd. (“Aurelius”) against Windstream Services, LLC (“Windstream”). The origins of...more
On 30 January 2020 the Commodity Futures Trading Commission (CFTC) approved on a 3-2 vote proposed rules addressing position limits on speculative derivatives (Position Limits Proposal). The Position Limits Proposal has a...more
2/12/2020
/ Capital Markets ,
CFTC ,
Comment Period ,
Commodities ,
Financial Regulatory Reform ,
Futures ,
Investment Funds ,
Metals ,
Natural Gas ,
Position Limits ,
Regulatory Agenda ,
Rulemaking Process ,
Swaps
Pursuant to regulations promulgated under the Dodd-Frank Act, entities that make a market in swaps, hold themselves out as dealers in swaps or regularly enter into swaps for their own accounts are required to register as swap...more
7/27/2018
/ Banking Sector ,
CFTC ,
Comment Period ,
De Minimus Quantity Exemption ,
Dodd-Frank ,
Energy Sector ,
Financial Regulatory Reform ,
Registration Requirement ,
Swap Dealers ,
Swaps ,
Threshold Requirements
The Dodd-Frank Act requires entities that engage in swap activities to either submit their swaps for clearing with a central clearinghouse or to collect and post collateral (margin) based on the daily mark-to-market exposure...more