The CFTC Office of the Inspector General highlighted significant deficiencies in the agency's Data Governance Program and advised the CFTC to either update the existing Integrated Surveillance System platform or transfer to a better platform.
CFTC Chair J. Christopher Giancarlo reasserted the "obligation of futures exchanges to ensure that virtual currency futures are not susceptible to manipulation, and of futures clearinghouses to ensure that such products are adequately risk managed."
CME Group, CBOE Futures Exchange and the Cantor Exchange have "self-certified" new bitcoin products. The CFTC released a fact sheet on the process and promised cooperation with the NFA in monitoring bitcoin futures-related activity.
CFTC Commissioner Brian Quintenz discussed the implications of listing bitcoin futures products, keeping pace with technological developments and the importance of international regulatory cooperation.
"Desk-specific" portals are highly curated pages devoted to specific regulatory topics. The first five portals to go live cover Broker-Dealers and Markets, Asset-Backed Securities, SEC and FINRA Enforcement, Securities Offerings, and Issuers.
The Board of the International Organization of Securities Commissions (IOSCO) issued a statement on research conducted by the IOSCO Task Force on OTC Derivatives Regulation concerning credit default swap auction processes and the functioning of the ISDA Credit Determinations Committees.
The CFTC Division of Swap Dealer and Intermediary Oversight ("DSIO") issued a Staff Advisory that outlines the recommended best practices for covered financial institutions to comply with Gramm-Leach-Bliley Act ("GLBA") Title V and CFTC Rule 160 ("Privacy of Consumer Financial Information under...
U.S. Commodity Futures Trading Commission - Event July 7, 2011 The CFTC held a public meeting on July 7, 2011 to consider five final rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The public meeting will consider five final rules on the following topics: Agricultural...
Open Meeting on Five Final Rule Proposals under the Dodd-Frank Act CFTC PR 6064-11 June 30, 2011 The CFTC will hold a public meeting on July 7, 2011 to consider five final rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The public meeting will consider five final rules on...
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