Financial Regulatory Forum

FACTBOX-Winners and losers in the U.S. financial bill

By Reuters Staff
June 25, 2010

WASHINGTON, June 25 (Reuters) – U.S. lawmakers are close to finalizing legislation that will overhaul the country’s financial system and usher in new rules for Wall Street.

ANALYSIS-Key US senator gains clout on Wall Street bill

By Reuters Staff
June 9, 2010

WASHINGTON, June 8 (Reuters) – U.S. Senator Blanche Lincoln, an Arkansas moderate Democrat, is buoyed by winning nomination to a third term in the Senate but not sure of victory for her hot-button Wall Street reform — forcing big banks to spin off their swaps desks.

LCH highlights challenge in derivatives regulation

By Reuters Staff
May 18, 2010

By Huw Jones

LONDON, May 18 (Reuters) – LCH.Clearnet moved to reassure markets on Tuesday that its capital base was adequate despite a ratings downgrade at a time when regulators are finalising laws to force banks to clear vast numbers of derivatives.

COLUMN-What’s in a word? Senate battle on derivatives: John Kemp

By Reuters Staff
May 10, 2010

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

White House highlights “lobbyist loopholes” in regulation debate – link

By Reuters Staff
May 4, 2010

The White House published a top 10 list of “lobbyist loopholes” sought by Wall Street in Senate debate on an overhaul of financial regulation. Here is a link to the list, which tellingly omits the banking industry’s desire to strike a provision that would force banks to spin off their lucrative swaps desks.

BREAKINGVIEWS-Is Obama losing control of U.S. financial reform?

By Reuters Staff
May 3, 2010

– The authors is a Reuters Breakingviews columnists. The opinions expressed are his own –

Is regulation too risky to leave to politicians? EU banks think so

By Reuters Staff
April 28, 2010

By Huw Jones

Put regulation in the hands of politicians and, well, it becomes politicised.

That, anyway, is what Europe’s new kid on lobbying block, the Association for Financial Markets in Europe (AFME’s), told the Reuters Regulation Summit about EU plans to crack down on opaque derivatives markets by insisting on central clearing of standardised contracts, trade reporting and even exchange trading. (more…)

FACTBOX-US swaps reforms proposed by Agriculture panel

By Reuters Staff
April 23, 2010

WASHINGTON, April 23 (Reuters) – The Senate Agriculture Committee has proposed tough rules for the previously unregulated $450 trillion derivatives market, including a requirement for banks to spin off their swaps trading desks.

SNAP ANALYSIS – Goldman charges give lift to Lincoln US swaps bill

By Reuters Staff
April 16, 2010

By Roberta Rampton

WASHINGTON, April 16 (Reuters) – Bombshell fraud charges against Goldman Sachs, one of the largest swaps dealers on Wall Street, give new impetus to a tough derivatives reform bill proposed by Senate Agriculture Chairman Blanche Lincoln on Friday.

NEWSMAKER – Farmer’s daughter US Senator takes on Wall St with derivatives bill

By Reuters Staff
April 16, 2010

By Charles Abbott and Roberta Rampton

WASHINGTON, April 16 (Reuters) – Senator Blanche Lincoln, a self-styled “farmer’s daughter” facing a tough re-election race in Arkansas, had not been expected to become the latest Democrat to rail against the risky practices of Wall Street.