Commentary by Steven Lofchie
CFTC Chair J. Christopher Giancarlo introduced a "new paradigm" for measuring the size of swaps markets and contended that it should replace the notional amount as the measure of market size and risk.
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Commentary by Steven Lofchie
The Office of the Comptroller of the Currency published a revised "Municipal Securities Rulemaking Board Rules" booklet of the Comptroller's Handbook.
An en banc panel of the Court of Appeals for the D.C. Circuit issued a ruling that the current single-member structure of the Consumer Financial Protection Bureau is constitutional.
Several Democratic members of Congress questioned the Consumer Financial Protection Bureau's decision to reverse course on implementation of its rule on payday loans.
CFTC Market Risk Advisory Committee members reviewed the self-certification process for listing new products on exchanges.