Commodity futures trading commission (cftc)
Foreign banks have until July to push out derivatives activities after OCC guidance repeats Dodd-Frank drafting mistake
Less than 1% of counterparties are ready to trade under new regime. Non-compliant firms may be frozen out of the market, banks warn
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Commodity futures trading commission (cftc) articles
CFTC's Bart Chilton criticises the commission's fine, saying it should be at least five times higher
SEC chair Mary Schapiro steps down a week after former inspector-general files $20 million lawsuit against the agency
MAS confirms it is granting interdealer brokers temporary exemptions from registering as futures brokers
No-action letter not enough to convince counterparties to trade with public utilities
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.