The SEC has an official nominee for its next chairman and the head of the CFTC has just announced his resignation as President-elect Donald J. Trump fills out his administration and signals a new approach to regulation. During the U.S. presidential campaign, Trump sounded clarion a call for less regulation via the federal government. His… Read More >>
Massad Reinforces CFTC’s Push for Margining Uncleared Swaps
Five years after the onset of the Dodd-Frank Act (DFA), CFTC Chairman Timothy G. Massad outlined last week the regulator’s next phase in the DFA rule-making process, which will include margin collection for uncleared swaps, stress tests for clearinghouses, a new definition of a swaps dealer, SEF trading improvements, and cross-border harmony for swaps data… Read More >>