CFTC Commissioner Brian Quintenz expressed concern that post-crisis reforms were not appropriately tailored to address market-specific risks, and that regulators are disincentivizing activity that is necessary for healthy, efficient markets.
CFTC Chair J. Christopher Giancarlo questioned whether current policies affecting the Treasury futures markets provide an effective balance between risk reduction and liquidity to encourage economic growth and prosperity.
In an interview conducted by CFTC Chief Market Intelligence Officer Andrew Busch, Harvard Law Professor Dr. Hal Scott discussed the 2008 financial crisis and where he sees financial market regulation heading in the U.S.
The CFTC proposed rules establishing minimum capital, liquidity, financial reporting and other related requirements applicable to CFTC-registered swap dealers and major swap participants. Comments on the proposed rules must be submitted by March 16, 2017.
ISDA published a research study, titled "Cross-Border Fragmentation of Global Derivatives: End-Year 2014 Update," that analyzes the changes in global derivatives markets and liquidity pools since the introduction of the U.S. swap execution facility ("SEF") regime in October 2013. The study found...
The Chicago Mercantile Exchange has submitted to the CFTC for its approval new rules to enhance its ability to raise cash from clearing members during certain crises. Among other measures, the CME proposes that if it ever needs to convert non-cash collateral to cash for same-day settlement for a...
Request delivery of the Cadwalader Cabinet Newsletter.