ISDA identified key differences among jurisdictional implementations of margin requirements for non-cleared derivatives that have led to market fragmentation.

The Chicago Mercantile Exchange Business Conduct Committee fined and barred two traders for disruptive trading and wash trade violations.

The CFTC Office of the Inspector General expressed "disappoint[ment]" with the CFTC's lack of progress in addressing whistleblower allegations of mismanagement in the Risk Surveillance Branch of the CFTC Division of Clearing and Risk.

The CFTC Office of the Inspector General highlighted significant deficiencies in the agency's Data Governance Program and advised the CFTC to either update the existing Integrated Surveillance System platform or transfer to a better platform.

CFTC Commissioners addressed the relationship between climate change and the global financial system.

CFTC Commissioner Dan M. Berkovitz advised the CFTC to focus on (i) increasing competition in the derivatives markets and (ii) setting speculative position limits with exemptions for bona fide hedging activities.

CFTC Commissioner Dawn D. Stump outlined "common sense" fixes on position limits, swap execution facilities, the treatment of non-U.S. central counterparty clearing, a cross-border swaps rule and the implementation of initial margin for uncleared swaps.

NFA adopted supervisory requirements and technical amendments concerning swap activities.

Cadwalader attorneys analyzed recently adopted amendments to European counterparties trading derivatives obligations under the European Market Infrastructure Regulation.

SIFMA summarized the SEC's "Regulation Best Interest" rulemaking package.