A CFTC final rule to exempt certain transactions with the European Stability Mechanism from uncleared swap margin requirements was published in the Federal Register.

The CFTC adopted a final rule to exempt certain transactions with the European Stability Mechanism from uncleared margin requirements.

CFTC Commissioner Dawn D. Stump named Wendy Yun as Chair of the newly launched Margin Requirements for Non-Cleared Swaps Subcommittee of the Global Markets Advisory Committee.

The House Financial Services Committee considered (i) testimony from federal banking regulators on a broad range of concerns and (ii) several proposed bills imposing additional requirements on financial institutions.

The CFTC Global Markets Advisory Committee established a subcommittee on margin requirements for uncleared swaps.

A CFTC proposal to extend the implementation date of initial margin requirements for 2020 and 2021 was published in the Federal Register.

A CFTC proposal amending uncleared swap margin regulations to exempt certain transactions from the European Stability Mechanism was published in the Federal Register.

The CFTC voted to propose amending its uncleared swap margin regulations to (i) extend the implementation date of initial margin requirements, and (ii) exempt certain transactions from uncleared margin requirements.

The U.S. House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit considered testimony on international developments that could affect the U.S. derivatives markets.

ISDA recommended ways in which policymakers can reduce "fragmentation" in global derivatives markets.

Federal Reserve Bank of New York President William C. Dudley argued that "aggressive action" is needed across the financial industry to address market-wide issues concerning the global market transition away from LIBOR.

ISDA CEO Scott O'Malia outlined recent and forthcoming efforts to address benchmark reforms.

ISDA, the Association of Financial Markets in Europe, International Capital Market Association, and SIFMA highlighted the challenges of transitioning from Interbank Offered Rates to risk free rates.

FDIC Chair Martin J. Gruenberg warned against making significant changes to Dodd-Frank reforms.

Federal Reserve Bank of New York Senior Vice President Jeanmarie Davis emphasized the importance of collaboration among regulators, supervisors, and market participants to address systemic risks.

The U.S. Treasury Department released a report detailing plans to reduce burdens of capital markets regulation.

CFTC Commissioner Sharon Y. Bowen outlined ways in which global regulators might harmonize the regulation of market data, enforcement and clearing.

The Office of Financial Research academics analyzed the effects of "procyclical" central counterparty margin requirements.

The Office of Financial Research examined securities-lending activity based on pilot data collected by the OFR, the Federal Reserve System and the SEC.

House Agriculture Committee leadership urged federal banking regulators and the CFTC to work with the European Commission to: (i) adhere to the agreed upon timetable for implementation of rules on margin for uncleared swaps, or if that effort is unsuccessful, (ii) to coordinate a new global implementation timeline.