Dodd-Frank Act
CFTC Split Over Inter-Affiliate Clearing Exemptions
Regulators support proposal in principle, but divided over variation margin payments.
The Center Ground: CCPs Could Shift—Not Eliminate—Systemic Risk
On July 4, 2012, the Council of the European Union adopted a regulation that will see standardized derivatives contracts in Europe cleared through central counterparties. Designed to reduce systemic risk in the over-the-counter derivatives markets, how…
SEF Survival Depends on Differentiation
GreySpark research outlines the current picture of the swap execution facility landscape.
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
CLS Designated as Systemically Important by FSOC
FX settlement facility tagged as crucial to US economy by regulator.
But We’re Not Dead, Yet?
Banks submit their living wills to regulators, and move on swiftly.
CFTC Amends Effective Date for Swaps Regulation
Regulator shifts exemptions and enactment from original July implementation.
James Rundle: Whale for Breakfast
JPMorgan’s losses from the ‘Whalegate’ fiasco have reignited debate on the Volcker Rule. Risk metrics, or the alteration thereof, are being blamed for this latest example of trading malfeasance, but James says it’s continued vagueness over regulation…
Vendor Relationships: What Lies Beneath
Consensus among buy-side firms is that there can sometimes be a world of difference between expectations and reality when dealing with a vendor. Steve Dew-Jones canvasses opinion on the most important considerations before awarding a technology or…
Back to the Future
Incoming regulatory changes prompt introspection at Sifma week.
NASDAQ OMX Plans IRD Platform
NLX to launch in Q1 2013, subject to authorization from the Financial Services Authority.
Regulation and Market Structure Dominate Thought at Sifma
Derivatives reform top of the agenda, with the US regulatory landscape analogous.
Omgeo Upgrades ProtoColl Functionality
New enhancements allow for holistic exposure view across cleared derivatives contracts.
KPMG, AxiomSL Partner on Form PF (Q&A)
With the first deadline data for Form PF compliance approaching, KPMG and AxiomSL have formed an alliance to help clients manage the new regulation.
SEC Stays Vague on Derivatives Regulation Timeframe
Details, but not dates, given by US regulator in road map for Title VII provisions.
Orange Amps Up TCSnet for Dodd-Frank Compliance
Connectivity and functionality updates bring Trad-X onto service.
Data Readiness Under Dodd-Frank
Inside Reference Data gathered a panel of leading industry experts to discuss the current state of regulation and standards readiness in the data industry. Dodd-Frank and the LEI loomed large in importance, as Michael Shashoua reports, but business…
Windows on Derivatives
Strapline: Industry Warehouse
Big Brother Is Watching: Compliance Envelops the Business
As regulatory reform and an enhanced level of scrutiny falls on practices within investment banks, compliance departments are finding themselves increasingly involved with all areas of a business. In this era of a more proactive approach to oversight,…
Regulatory Changes Challenge Larger Energy Trading Firms
According to Sapient Global Markets' Arun Karur, several sweeping regulations have forced firms to reexamine their energy risk management tools as they look to consolidate their middle and back offices.
State of the Regulated: CFTC ‘Hopeful' About Finalizing a Torrent of Rules, Definitions
These yet-to-be-finalized rules—which include the definition of a swap—will provide both clarity and controversy as financial institutions work to comply with the regulations and implement new systems and platforms. And the CFTC is not done yet making…
When It Comes to Politics, IT Prep Is Futile
With all the uncertainty that exists around the November presidential elections, some hedge funds are gambling that proposed rules would be dulled with a Republican president.
The Blurred View of Risk
JP Morgan’s trading losses and SEF regulation round off a busy week.
Dark Forces: Off-Exchange Trading on the Rise
A growing percentage of trade volumes is moving off-exchange every year, whether it’s through broker dark pools, internalized on a firm’s own desks, or elsewhere. Along with declining liquidity in equities markets and higher trading costs, the increasing…