Articles by Peter Madigan
CFTC: largest 6% of CDS and rates trades to get block exemptions
Hundreds of OTC product types would receive different reporting and trading thresholds under new CFTC proposals - but there is no exemption for equity derivatives
CFTC requests 50% increase in funding for 2013
White House resurrects idea of funding CFTC through fees paid by regulated firms
Risk & Energy Risk Commodity Rankings 2012 - metals
Testing your metal
Risk and Energy Risk commodity rankings 2012: metals
Hard times for metals markets
Former MF Global CRO Stockman a 'yes man', Congress charges
Stockman hired after Roseman dismissed for raising liquidity risk concerns, a congressional committee hears
CFTC's Sommers and O'Malia attack 'unworkable' Volcker rule
Republicans dismiss prop trading ban as overly complex, unworkable and unenforceable
CFTC "got it wrong" on block trade threshold rule
Large swap definition to be re-proposed following industry backlash
SG CIB closes US power business - rivals point to dollar funding constraints
Former RBS Sempra Commodities business closed just 11 months after acquisition
Corporates complain about transparency of unwinds
Wound up by unwinds
Risk USA: US regulators “scared to death” by eurozone debt crisis
The sovereign debt crisis is a concern, but direct US bank exposure is manageable, says senior OCC official
Sefs in stasis as final rules edge closer
Sefs in stasis
Illiquidity holding back CCDS, despite Basel III endorsement
Basel III allows contingent credit default swaps (CCDSs) to be used as a mitigant when calculating credit value adjustment. Advocates of CCDSs hope that will give the market some momentum – but others say the product will continue to suffer from a…
Risk USA: Tarp compensation restrictions are a "sideshow", says Feinberg
Former Tarp special master doubts limits will change compensation behaviour
CFTC analysis of Dodd-Frank costs 'non-existent', says Sommers
Costs and benefits of proposals were not properly studied, according to CFTC commissioner Jill Sommers - a failing that could expose its rules to legal challenges, lawyers warn
CFTC will publish its own Volcker rule language, says Sommers
Supervisor will publish its own Volcker rule for consultation – although little progress has been made so far, says CFTC commissioner
ECB threatens to stop trading swaps with US counterparties
ECB invokes US legal amendment providing it with broad immunities and says it might stop using US dealers unless granted exemptions from Dodd-Frank Act rules
CFTC and SEC facing legal anxiety over cost-benefit analyses
Cost-benefit paralysis
ICB report: banks face higher costs, lower ratings
Ring-fence furore
FIA-Isda group runs rule over Sef credit check plans
The OTC market still does not know how to provide certainty that a trade will be cleared - but an FIA-Isda meeting in New York gave attendees a chance to look at what is on offer
CFTC 'needs to do better job' of weighing Dodd-Frank costs, says O’Malia
CFTC commissioner says agency received a wake-up call when one SEC rule was booted out by the US appeals court
CFTC proposals leave cloud over FIA-Isda clearing contract
Grey skies over give-ups
CFTC's Sommers: Blocking FIA-Isda document was "huge waste of resources"
A proposal prohibiting an Isda-FIA clearing document highlights rift within CFTC, with Republican appointees claiming they were kept in the dark
RBS handed Fed cease-and-desist order over risk failings
Deficiencies in corporate governance and risk stretch back two years