US FCM omnibus model needs to be strengthened for OTC derivatives, say buy-side participants at a CFTC round table
US dealer met with regulator on 49 occasions to discuss Dodd-Frank rule-makings
Through a glass darkly
A clear path?
Reaching too far?
Day of the aggregators
Dodd-Frank manipulation rules could “chill” energy market and boost regulatory infrastructure costs: ER USA panel
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
CLS decides not to pitch to become a foreign exchange repository provider after CFTC rule-making demands extra granularity and timeliness in data reporting
EC official voices concern over the long arm of US derivatives rules
Will ruling create agreement on regulatory jurisdiction?
US oil & gas price fraud committee to probe trader and investor activity
Regulators seek $1.4bn and $308m respectively, but $117m CFTC “user fee” apparently dropped
Consistency is key
Collaborating for change
All MSPs and swap dealers to hold minimum $20 million under CFTC proposals
Agencies largely aligned, but conflicts remain after 10-month negotiation
CFTC cost and timing concerns continue; FTRs and commodity forwards exempted from swaps definition
Speaking in a video interview, Isda executive vice-chairman Robert Pickel said regulators are aware that inconsistencies could emerge between legislative requirements and Fed letter commitments
Prop trading ban delayed by inter-agency discussions and implementation challenges
SEC chair says Dodd-Frank Act should be adapted to fit markets