Dodd-Frank Act
WHAT IS THIS? Properly known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, this controversial US legislative package enacted a host of reforms agreed by the G20 nations in the aftermath of the financial crisis, including rules on the clearing, execution and reporting of standardised swaps. It also introduced the Volcker rule ban on proprietary trading by banks, and a new way of liquidating big institutions.
Tackling section 165 of the Dodd-Frank Act
Tackling section 165
New clearing rules may make CDS prohibitively expensive, traders warn
Buy-side market participants are expecting increased operational costs when new regulation on central clearing of CDS contracts is implemented
Morrison & Foerster expands capital markets business with hire of Elana Hahn
Elana Hahn joins Morrison & Foerster's capital markets group in a role that involves guiding clients through regulatory changes.
Energy firms demand more clarity on Dodd-Frank reforms
Energy companies say key definitions in recently adopted US financial legislation are too broad or need clarifying, and call for additional 'trader' classification
Increasing FDIC’s powers could penalise senior debt holders
David Knutson, senior research analyst at LGIMA, says granting the FDIC powers to determine the priority of creditors’ claims in failing financial institutions would be a costly mistake.
SEC mandate over rating agencies strengthened by Dodd-Frank
Closure of SEC investigation into Moody's demonstration of the regulator's new powers under Dodd-Frank
Risk interdealer rankings 2010: Brokers
States of flux
Market awaits details on SEFs
Keeping on top of the swaps
Exchanges and clearing
Special report
Dodd-Frank sees processing firm as 'swap execution facility'
Markit/DTCC joint venture will register as designated swap execution facility under US financial reform, despite having no plans for trade execution
JP Morgan slashes commodity desks
Fate of other prop desks unclear ahead of enactment of Volcker Rule
Dodd-Frank: devil is in the detail on bonus transparency requirements
US banks must consider disclosure rules for CEO and median pay packages
Dodd-Frank sends banks on journey into the great unknown
The passing of the Dodd-Frank Act into US law signifies profound changes for banks and regulators. But how they should prepare now for the new legislation is still far from certain
US regulators assess rating agency alternatives
FDIC's Bair says agency ratings being inappropriately used as substitute for due diligence
Retail brokers win US leverage battle
The US CFTC leverage rules on retail foreign exchange transactions less harsh
Financial regulators tighten grip on banks with series of rule changes
July saw amendments to Basel III, the signing of the Dodd-Frank reform bill, and the results of stress tests on European banks. Credit assesses how investor sentiment towards the banking sector has been affected by this activity.
The challenges of central clearing
The challenges of central clearing
Regulators kick off derivatives reform discussion
Market participants call for clearing decisions to be left to market forces and caution regulators about clearing house ownership
Sizeable portion of banks not planning to become clearing members
Battle for client clearing business set to heat up, reveals Risk interdealer poll
Confusion reigns over the US Dodd-Frank Act
Section 716 of the Dodd-Frank Act will force swap dealers to hive off certain derivatives businesses into separate affiliates. But the legislation is fiendishly complicated, riddled with oversights and requires daring interpretative leaps, which has left…