Securities and Exchange Commission (SEC)
Changing hats – July 2013
Changing hats – July 2013
OTC Derivatives Clearing Summit: SEC, Fed promise reform progress
Supervisors respond to buy-side fears of multiple regulatory masters
SEC estimated value guidance causing concern among investors
Banks providing the estimated value of structured notes in accordance with SEC rules are facing questions from investors about the level of their estimates
India‘reluctant’ to apply for Esma recognition under current rules
Indian reticence over Emir steps up pressure on EC equivalency regime
Structured Products Americas: Mis-selling a bigger issue than regulation, says panel
Protecting 'Aunt Millie'
CFTC misusing Dodd-Frank to expand its role, says CME's Duffy
CME chief accuses regulator of overreaching, as line-up of industry figures attacks Dodd-Frank rules
SEC names new chief of staff
Lona Nallengara replaces Didem Nisanci, who left in December 2012
Europe should consult on Emir equivalency – SEC official
The EC and Esma should consult on the process for determining equivalency with Emir, says Eric Pan of the SEC
People: Credit Suisse names Brian Chan head of equity derivatives sales in Asia
Credit Suisse adds Chan in Asia
Data fragmentation hampers oversight
The G-20 had hoped the reporting of OTC derivatives trades would give regulators an opportunity to spot the build-up of systemic risk. But domestic reporting requirements, a lack of standard data formats and local privacy laws are preventing supervisors…
Changing hats – June 2013
Changing hats – June 2013
Regulatory web tightening for structured products, Iosco report shows
A consultation report by the international consortium of securities regulators shows more, not less, regulation is the likely endgame for the world's markets. Yakob Peterseil analyses the trend towards interventionism
SEC’s Amy Starr: US banks must comply with estimated value guidance “in very short order”
Banks that do not promptly disclose the estimated value of their structured notes risk additional scrutiny, says regulator
SEC announces departure of senior enforcement official
David Bergers to leave the SEC this month
Law firm of the year: Davis Polk & Wardwell
Law firm of the year: Davis Polk & Wardwell
SEC cross-border rules an improvement on CFTC proposals, say lawyers
Narrower US person definition and substituted compliance proposal win praise from market participants
Iosco issues regulatory “toolkit” for retail structured products
Complex retail structured products are the subject of the latest consultation report from the international body of securities regulators
CFTC commissioner seeks more time for penalty cases
Bart Chilton to ask Congress for extension of current five-year statute of limitations
Canellos and Ceresney named co-directors of SEC enforcement division
Pair replace previous director Robert Khuzami
US banks wary of disclosing fair value for structured notes
Correspondence shows several large Wall Street banks expressed reservations to the SEC about enhancing disclosure around their structured products
Actively seeking alpha with AdvisorShares
AdvisorShares may be small, but it has an outsize footprint in the tiny yet growing active exchange-traded funds market. Yakob Peterseil talks to Noah Hamman, founder and chief executive, about bringing active management to ETFs
SEC forces Ice into single-name CDS clearing U-turn
Clearing house has been told its own rules prevent it from shelving buy-side clearing for single-name CDS contracts
Hedge fund investors divided on SAC probe
SAC hopes to put an insider trading probe by the US Securities and Exchange Commission behind it after agreeing to pay a record fine, but hurdles still remain