US Senate
CFTC to rework position limits rule
CFTC Chairman confirms regulator will propose new rule on position limits as part of its expanded remit under financial legislation that could be enacted imminently by US President Obama
US regulatory overhaul reaches final stages
Final version of Dodd-Frank financial reform bill tones down most draconian elements.
Uncertainty over FDIC insurance is affecting structured products industry
The US government is currently deciding whether to permanently increase the deposit insurance cover to $250,000 per depositor. The uncertainty is creating problems for the certificate of deposit industry.
Dodd-Frank margin intent delivers end-users a blow, despite reprieve
Senator's letter fails to assuage end-user concerns over non-cleared swaps
New US derivatives rules to boost tech firms' energy business
The new US derivatives regulatory regime to raise transparency and reporting requirements for energy traders will present business opportunities for technology companies in the sector
Energy sector awaits regulatory clarity
Energy companies are looking to the Commodity Futures Trading Commission (CFTC) for more clues about the future regulatory landscape after the US Congress set the stage last week for a wide-ranging overhaul of derivatives regulation
Dodd-Frank bill sparks end-user margin fears
Reform bill ambiguity means end-users might have to post margin even if they don't clear swaps.
$19 billion risk levy will fund US financial reform
Risk-based charge will cover cost of reform bill passed today
Little progress on US regulatory reform as conference ends first week
Heated debate and vote interruptions slow the reconciliation process
US regulatory reform legislation nears 2,000 pages as conference begins
Democrats and Republicans spar in the first meeting of the two-week process.
Senate upholds EPA carbon regulation powers
The US Senate voted against stripping the Environmental Protection Agency (EPA) of its powers to regulate carbon emissions yesterday, and is now set to consider a new energy bill without a cap-and-trade element
Spotlight on Goldman
The US Securities and Exchange Commission filed a lawsuit against Goldman Sachs in April, alleging it had misled clients by not disclosing that a major hedge fund had helped select the underlying assets in a collateralised debt obligation and was…
Gensler calls for end to financials’ information advantage
CFTC chairman supports trading requirements in both versions of the financial reform bill that would benefit derivatives users rather than Wall Street banks, but calls for tighter exemptions to prevent systemic risk
CFTC commissioner questions Senate ban on support for swaps
CFTC commissioner says Lincoln's proposal to ban federal support for swaps might not fly
Goldman lawsuit ratchets up pressure on banks to get their house in order
The US Securities and Exchange Commission’s lawsuit against Goldman Sachs for allegedly misleading clients has provoked widespread vilification of the bank. But is it reasonable to expect ethical conduct by investment banks to extend beyond legal…
Lynda Clemmons: weather derivatives will benefit from regulation changes
The former Enron derivatives pioneer believes forcing trades on exchanges will benefit niche players and smaller companies
Controversial swaps legislation survives as US Senate passes bill
Swap dealers and major swap participants will be unable to qualify for federal government support
Derivatives safe harbours under siege
Amendment to US financial reform package proposes an end to derivatives safe harbours
Carbon trading to be highly regulated under Senate energy bill
US senators have published a climate change bill establishing a cap-and-trade system for power plants and industrials that permits only exchange-traded and cleared transactions.
Trading fall prompts amendment to the Dodd Bill
Last week’s drop in US markets could yet provoke regulatory fallout
US politicians don't know the difference between CDS and insurance: Aaron Brown column
Lawmakers seeking to clamp down on the use of credit default swaps should remember that hedging and insurance are two very different concepts
Data management key to understanding systemic risk, says expert
Systemic risk management will require enterprise-wide information gathering