The US Commodity Futures Trading Commission (CFTC) announced that it is opening a consultation into reforming reporting practices stemming from Title VII of the Dodd–Frank Act. Reporting rules were originally put in place during 2011.
The review will cover the operation of swap data repositories (SDRs), which receive the reports, the harmonization of data elements with international standards, and the workflows associated with reporting, such as which side of a trade is expected to reconcile wi
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails