CFTC urged to raise bar for CCP stress tests

Darrell Duffie - Stanford University
Darrell Duffie

Regulators in the US are in danger of giving central counterparties (CCPs) too much leeway to manage their risks, according to critics of proposals issued by the Commodity Futures Trading Commission (CFTC). CCPs are set to assume a crucial role in the global financial system after the Group of 20 nations committed to have all standardised over-the-counter derivatives cleared by the end of 2012 – and some dealers worry the CFTC is not being demanding enough.

"Certain regulatory minimums need to

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Switching CCP – How and why?

As uncertainty surrounding Brexit continues and the impacts of Covid-19-driven market volatility are analysed, it is essential for banks and their end-users to understand their clearing options, and how they can achieve greater capital and cross…

You need to sign in to use this feature. If you don’t have a 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