JONES DAY TALKS®: Derivatives Market Volatility Brings New Concerns and More Regulatory Scrutiny
JONES DAY TALKS®: Carbon Markets are Booming, and Regulators are Watching
JONES DAY TALKS®: Energy Derivatives and Regulatory Enforcement by the CFTC and FERC
JONES DAY TALKS®: CFTC and DOJ Target Derivatives Trading Across Industries
WORD OF THE DAY® for Hedge Funds – Derivative
Cross-Border Regulation of Swaps Update from ISDA's Robert Pickel (Part 1)
A Look at Forensic Accounting and Financial Fraud
Regulation 2013: Dodd-Frank Position Limits, CFTC Reuthorization, Regulatory Harmonization
The Basel Committee on Banking Supervision (BCBS) has published a final technical amendment to the Basel framework, clarifying the treatment of guarantees and credit derivatives used to hedge counterparty credit risk (CCR)...more
The UK Court of Appeal has considered the adequacy of an assessment that a regulated firm made when categorising a client as an elective professional client. ...more
Retail participation in futures, forex and swaps has accelerated markedly in recent years, propelled by low-cost access, mobile platforms and growing interest in crypto-referenced instruments, event contracts and micro-sized...more
In keeping with the theme of things during the U.S. government shutdown, this month’s edition of The Desk does not follow our traditional order. Instead of launching into our Enforcement Round-Up first, we begin with the...more
In Part 3 of this three-part series, we address the current outlook of the CFTC and how it may evolve given changes in leadership. In late October, the Trump administration nominated Michael Selig to serve as the new CFTC...more
FCA Sets Out T+1 Settlement Expectations for UK Asset Managers and Alternative Firms - On 23 October 2025, the Financial Conduct Authority (FCA) published a letter directed at firms within its Asset Management and...more
Under the European Union regulatory framework, primary legislation (e.g., directives such as the Markets in Financial Instruments Directive (MIFID II) and the Anti-Money Laundering Directive) ("Level 1 Measures") are...more
The availability of prediction markets has exploded for American consumers, as contracts that allowed people to bet on the outcome of the 2024 presidential election gained popularity. Prediction markets are generally...more
The European Securities Markets Authority (ESMA) has issued a second public statement providing transitional guidance on the application of revised provisions under the Markets in Financial Instruments Directive II (MiFID II)...more
Section 232 tariffs were once seen as a fortress for U.S. metals. Yet, that fortress now casts a much longer shadow. Companies far removed from the steel and aluminum sector could soon find themselves ensnared in tariffs they...more
The European Securities and Markets Authority (ESMA) has published a Q&A (ESMA_QA_2660) on whether reporting counterparties can submit a single consolidated Errors and Omissions Notification for exchange-traded derivatives...more
Two recent reports—one by the IMF and another from the Philadelphia Fed—assess credit risk transfer (CRT) transactions and conclude that the product serves as a useful tool in reallocating credit risk and optimizing risk...more
Conyers is pleased to announce that following a highly contested and vigorously opposed two-day hearing on 25 and 26 June 2025, the BVI High Court granted a significant victory to Mr Ma, Kwok Leung, to commence derivative...more
We’re pleased to share the October edition of our Financial Regulatory Roundup Newsletter, highlighting key developments shaping the financial regulatory landscape. In the latest issue we discuss: - NYDFS Issues Two...more
On September 30, 2025, the Commodity Futures Trading Commission (“CFTC”) staff issued an advisory (the “Advisory”) in anticipation of the impending government shutdown. However, in essence, the Advisory has very little to do...more
On 30 September 2025, the Financial Conduct Authority (FCA) published issue 84 of Market Watch (Issue 84), providing a one-year review of the UK European Market Infrastructure Regulation (UK EMIR) Refit implementation and its...more
Recently, the OCC released two reports detailing mortgage and trading activity, respectively, in the federal banking system for the second quarter of 2025. ...more
In what the agencies are touting as “a new era of collaboration” and “a new day for US capital markets,” the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) held a historic joint...more
Happy October, the CFTC kept us very busy in September. Nonetheless, it’s time to plan your Halloween costume (unless like me, your children have already decided that for you). Options are Ghost of PTMMM (roams the halls...more
The European Securities and Markets Authority (ESMA) has published updated reporting instructions and XML schema (version 1.2.0) for weekly commodity derivatives position reporting under MiFID II. The changes reflect...more
UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more
New Stablecoins Launch in Europe, U.S. Credit Card Offers Bitcoin Rewards - Cryptocurrency exchange Bullish recently published a press release announcing that its European affiliate, Bullish Europe, will be the first...more
On September 23, Acting Chairman of the Commodity Futures Trading Commission (CFTC) Caroline Pham announced the launch of an initiative focused on the use of tokenized collateral, including stablecoins, in derivatives...more
In Part 1 of this three-part overview of the Commodity Futures Trading Commission (CFTC), we take a look at the basics of CFTC regulation, highlighting what you need to know about the agency and its jurisdiction....more
Is there a place for derivatives in tax-loss harvesting? Yes. As we discussed in Part I, losses that are appropriate for tax-loss harvesting can be generated from a wide range of capital assets, including sales of stocks,...more