The Financial Stability Board reported member jurisdiction developments on (i) G20 reforms for over-the-counter derivatives markets and (ii) removing barriers to reporting and accessing trade data.

In a new consultative report, the Committee on Payments and Market Infrastructures and IOSCO outlined potential governance arrangements for OTC derivatives data elements.

The Bank for International Settlements Committee on Payments and Market Infrastructures and IOSCO provided guidance for derivatives regulators on harmonizing certain "critical" data elements for over-the-counter transactions.

IOSCO issued seven final recommendations to regulatory authorities about increasing transparency and access to public information in the secondary corporate bond markets.

FINRA and the other U.S. members of the Intermarket Surveillance Group extended the date for compliance with certain data elements related to large trader reporting.

IOSCO published a consultation report containing a series of recommendations that are intended to increase transparency and the availability of public information in the secondary corporate bond markets.

The Committee on Payments and Market Infrastructures and IOSCO solicited public comment in response to a consultative report on certain data elements for over-the-counter derivatives.

University of Houston Finance Professor Craig Pirrong criticized regulators for concentrating on reforming the OTC derivatives market while ignoring the "myriad connections of this market to other parts of the financial market."

The CFTC requested comments on proposed changes that would (i) remove indemnification requirements for the use of swap data by other regulators, and (ii) integrate existing advisory guidance on rules concerning the registration and review of exchange disciplinary actions. The request for comments was published in the Federal Register.

The CFTC approved proposed changes that would remove indemnification requirements for the use of swap data by other regulators. In addition, the CFTC approved a proposal that would integrate existing advisory guidance as to rules related to the registration and review of exchange disciplinary actions.