SEC Deputy Chief Accountant Sagar Teotia discussed the implementation of new Generally Accepted Accounting Principles on revenue recognition, leases and measurement of credit losses on financial instruments.
News & Insights
16 News Results
SEC Chair Jay Clayton and CFTC Chair J. Christopher Giancarlo stated their intention to explore whether portfolio margining would be an area where SEC-CFTC "harmonization" would be beneficial.
The SEC and CFTC requested comment on a proposal to reduce the margin requirement for an unhedged security futures position and to align the margin offset table for security futures with the reduced margin requirements.
An SEC and CFTC joint proposal to (i) lower the minimum customer margin requirement for security futures and (ii) revise the margin offset table consistent with the proposed reduction was published in the federal register.
The SEC, CFTC and Federal Reserve adopted an interagency final rule intended to simplify the Volcker Rule.