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Securities and Exchange Commission (SEC)

CME awaits SEC approval for CDS clearing

The launch date for the Chicago Mercantile Exchange (CME) Group's credit default swap (CDS) clearing platform remains unclear, almost two weeks after it received the green light from two US financial regulators.

Obama names next heads of SEC and CFTC

US president-elect Barack Obama has named the next leaders of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) following his call for "a 21st century regulatory framework to ensure a crisis like this can never…

Mark to market needs refining, not scrapping - SEC

Christopher Cox, chairman of the US Securities and Exchange Commission (SEC), backed fair-value accounting in a speech to the American Institute of Certified Public Accountants last week, but said some aspects, particularly rules on impairment, needed…

Dinallo backtracks on regulating CDSs

New York State insurance superintendent Eric Dinallo shelved plans to bring a large slice of the credit default swap (CDS) market under the purview of the New York State Insurance Department (NYSID) during a US congressional committee hearing on November…

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