CFTC Chair Timothy G. Massad cited financial resilience to "demonstrate the reforms we put into place are working." In a speech at the Fifth Annual Conference of the Office of Financial Research-Financial Stability Oversight Council, Chair Massad covered clearinghouse resiliency and swap data reporting and looked ahead at the CFTC agenda relating to emerging risk.
News & Insights
The North American Securities Administrators Association announced that it completed its periodic review and content update of the Series 63, 65, and 66 examinations.
The Board of Governors of the Federal Reserve System extended the comment period for its proposed rule to "promote financial stability by improving the resolvability and resiliency of large, interconnected U.S. bank holding companies and the U.S. operations of large, interconnected foreign banking organizations."
The CFTC requested comments on information collection request requirements concerning swap dealers' and major swap participants' confirmation, portfolio reconciliation, portfolio compression and swap trading relationship documentation pursuant to CFTC Rules 23.500-23.505.
MSRB proposed amendments to Rule A-3, which concerns MSRB Board membership, were published for comment in the Federal Register.