Financial Regulatory Forum

CFTC rules on swaps trading put demands on compliance oversight

By Guest Contributor
May 29, 2013

By Nick Paraskeva, for Compliance Complete

NEW YORK, May 29 (Thomson Reuters Accelus) - New U.S. rules requiring many over-the-counter derivatives to be traded on swap execution facilities and exchanges will have a major impact on the compliance and risk processes of market participants. Price quotation, execution and trade reporting requirements adopted last week by the Commodity Futures Trading Commission aim to bring transparency to the previously unregulated swaps markets.

OPINION-The heavy lift of harmonization-CFTC’s Chilton

By Guest Contributor
September 24, 2010

–The author is Bart Chilton, a commissioner at the U.S. Commodity Futures Trading Commission. The opinions represent the view of the author and not that of Reuters.

FACTBOX – Comparing EU and U.S. financial reform

May 21, 2010

LONDON, May 21 (Reuters) – The U.S. Senate approved a reform of Wall Street on Thursday and President Barack Obama may be signing into law the most sweeping changes to financial rules since the 1930s as soon as next month.

COLUMN – $2 trillion OTC derivatives may be undercollateralised

By Reuters Staff
April 14, 2010

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

Bipartisan US financial reform deal uncertain – Sen. Dodd

By Reuters Staff
March 6, 2010

By Kevin Drawbaugh

WASHINGTON, March 5 (Reuters) – Senator Christopher Dodd, chief negotiator for the Democrats in U.S. Senate talks on financial regulation reform, said on Friday he was uncertain whether bipartisan support for a compromise bill could be achieved.

UK opposes mandatory exchange trading of derivatives

February 2, 2010

By Huw Jones

LONDON, Feb 2 (Reuters) – Banks should not be forced to shift privately-negotiated derivatives transactions onto exchanges, Britain’s Financial Services Minister, Paul Myners, said on Tuesday.

UK authorities propose measures on OTC derivatives

By Reuters Staff
December 16, 2009

LONDON, Dec 16 (Reuters) — Britain’s Treasury and Financial Services Authority proposed regulatory measures for over-the-counter derivative products on Wednesday, including higher capital charges for non-centrally-cleared trades.

U.S. House approves sweeping financial regulation overhaul

By Reuters Staff
December 11, 2009

By Kevin Drawbaugh

WASHINGTON, Dec 11 (Reuters) – The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.

U.S. House poised to back financial rules overhaul

By Reuters Staff
December 11, 2009

By Kevin Drawbaugh

WASHINGTON, Dec 11 (Reuters) – The U.S. House of Representatives was expected to approve the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration.

U.S. Senate agriculture panel head plans own US swaps reform bill

By Reuters Staff
November 18, 2009

Senator Blanche Lincoln (D-AR) (C) speaks about the 2007 budget in a news conference at the Capitol in Washington, February 9, 2006. Also pictured are Senate Majority Leader Harry Reid (D-NV) (L) and Senator Kent Conrad (D-ND).   REUTERS/Jonathan Ernst WASHINGTON, Nov 18 (Reuters) – The U.S. Senate Agriculture Committee chairman said on Wednesday she intends to draft legislation “that will bring much-needed transparency and accountability to the over-the-counter derivatives market.”