Dodd-Frank Act
WHAT IS THIS? Properly known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, this controversial US legislative package enacted a host of reforms agreed by the G20 nations in the aftermath of the financial crisis, including rules on the clearing, execution and reporting of standardised swaps. It also introduced the Volcker rule ban on proprietary trading by banks, and a new way of liquidating big institutions.
Goldman Sachs tops list of firms that met CFTC
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US still has no plans to give Asian sovereigns Dodd-Frank exemption, says Hong Kong regulator
Asian countries are concerned about the lack of Dodd-Frank Act CCP exemptions for sovereigns; proliferation of CCPs carries its own risks, say dealers
OpRisk Asia: regulatory change bigger than it looks for operational risk
Regulatory reforms seem to have left operational risk untouched, but in reality they mean substantial changes
Push for machine-readable contracts poses problems
Rise of the machines
Mission impossible for ratings
Mission impossible for ratings
CFTC/SEC swap product definitions 'irrational', say derivatives lawyers
Attorneys criticise the division of regulation and the lack of detail on mixed swaps
More guidance needed from regulators on clearing
Clear guidance?
Central clearing: safe as houses?
New regulations mandating the central clearing of OTC derivatives bring operational risks for central counterparties and increased exposure to systemic risk. In the second of a two-part series, ORR looks at the problems and opportunities for clearing…
CFTC defends clearing membership capital requirement
Commissioners argue open access is necessary, but might consider raising the $50 million minimum for CCP membership at the end of the consultation period
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running
Dodd-Frank ready? Structure's Huxtable
More than 75% of energy companies are in “wait-and-see” mode or still assessing how Dodd-Frank regulation will affect their business, according to The Structure Group's Leonard Huxtable
DTCC and Swift eye FX trade repository
New York-based group set to develop trade repository for every other OTC asset class and has pitched for foreign exchange in partnership with Swift
Dodd-Frank extraterritoriality will hurt US banks – Risk.net poll
More than two-thirds of respondents think the long arm of Dodd-Frank will put US banks at a competitive disadvantage
JPM’s Zubrow: US margin rules 'will kill our overseas swaps activities'
US banks will be shut out of the market for uncleared derivatives, says JP Morgan's chief risk officer
CFTC to provide Dodd-Frank deadline exemptions today
Dodd-Frank deadline exemptions should limit market disruption, but more clarity on rules and timings needed, says CFTC commissioner Scott O’Malia
Industry chiefs call for Asian credit rating agency; 'big three' too ‘US-centric’
Senior industry figures in Asia, including outgoing SFC chief Martin Wheatley, say Asia needs an internationally recognised ratings agency to compete with Fitch, Moody’s and Standard & Poor’s.
OpRisk Europe: Reporting key to competent risk management
Reporting is key to competent risk management, yet is often neglected, New York Fed op risk specialist warns
Industry resists Dodd-Frank real-time reporting
While the Dodd-Frank Act calls for real-time trade reporting, industry insiders argue it will be misleading
Buy-side firms urged to avoid stampede to CCPs
Panel participants encourage buy-side firms to engage with CCPs early to avoid a last-minute rush
Energy Risk USA - 2011 conference highlights
Investigating the issues
Dodd-Frank puts market manipulation on the radar
Dodd-Frank regulation could usher in more market manipulation cases such as the recent CFTC case against Arcadia Petroleum, Arcadia Energy and Parnon Energy, say market experts
Buy-side firms call for greater margin security
US FCM omnibus model needs to be strengthened for OTC derivatives, say buy-side participants at a CFTC round table
Goldman Sachs the most frequent visitor to CFTC to discuss Dodd-Frank
US dealer met with regulator on 49 occasions to discuss Dodd-Frank rule-makings