Giancarlo undercuts SDRs' push for dual-sided reporting

CFTC chairman says US single-sided reporting regime is ‘the better approach’

christopher-giancarlo-33
CFTC chairman Chris Giancarlo

The US Commodity Futures Trading Commission will not require both sides of a swap transaction to submit reports to a swap data repository despite pressure from SDRs to move to a dual-sided reporting model.

CFTC chairman Chris Giancarlo said that while the commission is aiming to harmonise various aspects of its SDR rules with overseas regulators, it will not be following the European approach on dual-sided reporting.

The CFTC’s “rules for swaps reporting may be different than those adopted by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: