The Futures Industry Association published an analysis on the evolution of the methodology used by central clearinghouses for the purpose of calculating margin for exchange-traded derivatives.
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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.
In a white paper, the FIA reviewed the role of clearing firms (i.e., futures commission merchants, in the United States) in derivatives markets.
In response to a Federal Reserve Board report on the issuance of a U.S. central bank digital currency ("CBDC"), SIFMA recommended that policymakers focus on "wholesale" CBDCs "which would be used for institutional financial transactions" rather than a publicly available retail CBDC.
In a podcast interview, OCC Comptroller Michael J. Hsu highlighted the importance of "inclusion" in the development of a regulatory framework for crypto activities.