Financial Regulatory Forum

SCENARIOS-Three routes to swaps reform in U.S. Congress

By Reuters Staff
March 17, 2010

WASHINGTON, March 16 (Reuters) – The path to government regulation of the $450 trillion market in over-the-counter derivatives must wind through the U.S. Senate Agriculture Committee, which oversees futures markets.

US lawmakers urged to drop clearinghouse ownership cap

By Reuters Staff
November 20, 2009

U.S. Representative Barney Frank (D-MA) holds a news conference on issues before the House Financial Services Committee on Capitol Hill in Washington, November 3, 2009.  REUTERS/Jonathan Ernst   By Jonathan Spicer
NEW YORK, Nov 20 (Reuters) – NYSE Euronext, LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed “rigid” cap on dealer ownership of clearinghouses, according to a letter sent this week.

US Sen Dodd to remain banking panel chairman – aide

By Reuters Staff
September 9, 2009

WASHINGTON, Sept 9 (Reuters) – U.S. Senator Christopher Dodd will remain chairman of the Senate Banking Committee and not take over the health committee after the death of his friend, Senator Edward Kennedy, a Senate aide said on Wednesday.

COLUMN-Commodity trading faces altered landscape: John Kemp

By Reuters Staff
August 5, 2009

– John Kemp is a Reuters columnist. The views expressed are his own –

U.S. House ‘concept paper’ has mandatory OTC derivatives clearing

By Reuters Staff
July 29, 2009

WASHINGTON, July 29 (Reuters) – The leaders of the two U.S. House committees overseeing U.S. securities and futures markets agree that over-the-counter derivatives should move onto regulated exchanges and go through clearing in most cases, according to a “concept paper” that will guide bill-drafting.

U.S. finance reform bill may ban ‘naked’ credit default swaps

By Reuters Staff
July 21, 2009

U.S. Rep. Collin Peterson WASHINGTON, July 21 (Reuters) – An omnibus financial reform bill in the U.S. House of Representatives would require that over-the-counter derivatives go through clearinghouses and probably ban “naked” credit default swaps, the chairman of the House Agriculture Committee said on Tuesday. (more…)