WASHINGTON, Jan 16 (Reuters) – A conflict over potentially
valuable derivative trading data heated up on Wednesday,
underlining how an overhaul of Wall Street after the financial
crisis is sparking acerbic competition battles.

The Depository Trust & Clearing Corporation (DTCC), which
performs back-office functions for investment banks, threatened
to sue the top U.S. derivatives regulator over how rival CME
Group Inc plans to handle the data.

WASHINGTON, Jan 10 (Reuters) – The top U.S. derivatives
regulator will listen to banks and exchanges in a public hearing
this month to find out if its rules are unduly forcing clients
out of swaps markets.

The Commodity Futures Trading Commission (CFTC), which
regulates both swaps and futures, is also considering a rule for
block trades that could accommodate some of the concerns aired
by the industry, a senior executive said.

LONDON/WASHINGTON (Reuters) – Banks have won a victory in their battle to dilute tough rules on liquidity, but they will still have to find trillions of dollars to ensure their funds do not run out in a crisis.

Heavy lobbying by banks over the past two years has bought them time, but not freedom from requirements that they lock up big new cash buffers globally from 2015.

WASHINGTON, Jan 2 (Reuters) – Asian and European banks
registered as U.S. swap dealers this week, joining Wall Street
rivals in complying with new rules that aim to shed light on the
opaque $650 trillion derivatives market.

Deutsche Bank, Commerzbank, Societe
Generale, BNP Paribas and Nomura
were among those listed in the registry of the National Futures
Association (NFA), a U.S. regulator.

WASHINGTON (Reuters) – The top U.S. derivatives regulator on Friday gave foreign banks more time to meet new derivative trading rules that had earlier sparked fears that international financial markets could pull away from U.S. banks.

The Commodity Futures Trading Commission (CFTC) said that foreign banks now had until July 12, 2013, to comply with the rules and said it would continue to fine tune the regulations that have also drawn the wrath of foreign regulators.

WASHINGTON, Dec 21 (Reuters) – The top U.S. derivatives
regulator on Friday granted foreign banks more time to meet new
rules for swap trading, saying it would continue to fine-tune
the regulation that has drawn the wrath of foreign regulators.

The Commodity Futures Trading Commission (CFTC) said that
foreign banks had until July 12, 2013, to comply with the rules
once registered as swap dealers. They will need to start
registering at the end of this year.

WASHINGTON (Reuters) – A group of U.S. Congress members across the political divide urged the country’s top derivatives regulator to decide quickly how its rules apply abroad, or risk disrupting derivatives markets.

The Commodity Futures Trading Commission (CFTC) has only a few days left to finalize its international approach, after drawing flak from foreign regulators about the blunt way it imposed its rules on banks abroad.

WASHINGTON (Reuters) – On Monday, October 15, top U.S. derivatives regulator Gary Gensler watched a mock ceremony to mark the start of a broad overhaul of the swaps industry that started that day.

In a conference room at the Commodity Futures Trading Commission (CFTC), two senior staff members cut a white ribbon hanging over a copy of the 2010 Dodd-Frank act.

WASHINGTON, Dec 14 (Reuters) – The U.S. Federal Reserve will
vote on Friday on whether to propose rules to subject foreign
banks to tighter capital and liquidity requirements, to protect
taxpayers from having to bail out foreign banks.

The plan would force foreign banks to subsume all their
subsidiaries under one U.S. holding company, subject to the same
capital standards as U.S. holding companies, and the banks will
also need to hold liquidity buffers.

WASHINGTON (Reuters) – Top U.S. regulators on Thursday said they hoped to give the $650 trillion derivatives industry more time as they work out how the new regulations on swap contracts will apply overseas.

Many foreign banks, as well as U.S. banks, face a December 31 deadline by which they need to comply with many of the new rules from the top U.S. derivatives regulator for swaps, financial instruments used now mostly for speculation.