Securities and Exchange Commission (SEC)
People: SEC rings changes; Source names finance chief
Other news: Leonteq appoints Japan head; Arnaud trades SG for BAML; Goldman’s Frankel retires
SEC rule hikes cost of trading US CDS for non-US firms
CDS trades between non-US counterparties will be captured under Dodd-Frank
Banks explore spin-offs for cleared swaps desks
Non-bank dealers would escape Basel III; private equity seen as likely owners
Swing pricing requires changes to '40 Act regime – asset managers
US mutual fund processes need upgrading for SEC proposals to be viable, say asset managers
Blunt SEC derivatives proposals too onerous for funds
Crossover between derivatives and liquidity rules threatens heavy burden for buy side
US may target ETFs for collateral add-ons
Credit risk in creation and redemption process singled out by Finra
Proprietary indexes: private products face public scrutiny
Post-UBS enforcement action, what next for custom indexes?
Asset managers urge SEC to adopt swing pricing
Rule change could help funds navigate illiquid markets, asset managers claim
UBS case shines light on proprietary index disclosures
US dealers’ custom index operations under heightened scrutiny following SEC enforcement action
Asset managers advance operational risk programmes
Independent asset management firms catching up with bank- and insurance-owned peers
SEC targets ‘switching’ of structured products
Frequent early redemptions used to boost broker commissions
Deutsche Bank loses Fan ahead of investment banking overhaul
Deutsche's Fan exits; Credit Suisse investment banking co-head retires; Sweden's prudential regulator hires new director general
US Treasury calls for more transparency in cash markets
Officials seek better data "to understand the dynamics of these markets"
SEC's White urges rules rethink for US Treasury venues
Current regime gives platforms easier ride on transparency
US hedge fund OTC notionals grew by $1.2trn in 2013–14
Increase in notionals among US hedge funds bucks trend seen globally
Iosco, Asifma urge early global co-operation on future rules
Joining forces early on would create more cohesive regulation
In-depth introduction: US extraterritoriality
Confusion over Commodity Futures Trading Commission approach to cross-border supervision
Chicago Fed official calls out CFTC, SEC over HFT regulation
“You cannot have 80% of the market being just HFT,” says Ranjan
SEC’s Piwowar doubts CCPs should clear some instruments
Concern that historical price series volatility will not reflect jump-to-default risk
UK banking regulator adds to board, and other recent job news
Thorburn and Bryson join PRA as independent board members
Newswire hacking highlights cyber and outsourcing risks
SEC prosecution for hacking newswires shows the importance of cyber defence
Riskology: What money markets can teach hedge funds
SEC stress tests provide foresight of damaging scenarios and increase time to react
Harvest looks to reap investor-targeting benefits
But social media site for hedge funds creates compliance challenges
Deutsche Bank loses co-chiefs after Libor probe, and other recent job news
Anshu Jain and Juergen Fitschen to leave in June 2015 and May 2016 respectively