US interim reporting rule attracts timing concerns
In a bid to stick to the timetable for the implementation of aggregate position limits for the US OTC markets, has the CFTC jumped the gun? Pauline McCallion reports
It's no secret that the Commodity Futures Trading Commission (CFTC) has a hectic year ahead as it works to overhaul over-the-counter derivatives markets, implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted on July 21, 2010 within the 360-day period set by Congress.
The regulator has divided the process into 30 areas of rule-making that all require at least one rule, and have varying deadlines of 90, 180 or 270 days. So far, the CFTC has held two public meetings to
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