ISDA CEO Scott O’Malia reported that ISDA continues to work with global policymakers to improve margining practices that can mitigate the impact of "extreme" volatility.
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The CFTC voted to propose rule amendments to codify no-action relief regarding the treatment of separate accounts by futures commission merchants.
The Futures Industry Association urged the CFTC to clarify rules regarding the margin treatment of separate customer accounts.
ISDA issued a set of legal guidelines for smart derivatives contracts intended to aid the development of collateral management technology.
U.S. Senate Finance Committee members and industry experts debated recommendations on business tax reform.