
CFTC "got it wrong" on block trade threshold rule
Dealers will have to wait a little longer for a final rule on block trades – a size threshold above which public reporting of a trade can be delayed – after the Commodity Futures Trading Commission (CFTC) admitted yesterday it "got it wrong" at the proposal stage. That will be welcomed by banks, which have argued the proposals set the threshold too high, and would make it more difficult to execute large trades for clients.
At a commission meeting held in Washington, DC on December 20, all five
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]