CFTC’s Stewart blames EU for equivalence failure
Risk Derivatives Clearing: EU stance on equivalence is "unfortunate", CFTC lawyer says
The US Commodity Futures Trading Commission (CFTC) has done "more than enough" to secure an equivalence determination for US clearing houses from the European Union, a senior lawyer at the agency has claimed.
Lawranne Stewart, special counsel to CFTC chairman Timothy Massad, placed the blame for the ongoing equivalence debacle squarely at the feet of the EU.
"The process on equivalency has been driven by the Europeans," she said. "We've been trying to give them what they need to make that
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Clearing
