Featured image for “Data Mistakes Cost Dearly Says the CFTC”

July 6, 2022 - Editor

Data Mistakes Cost Dearly with a $6m fine for BNP Paribas and  $850k for JP Morgan.

Featured image for “The OTC Derivatives Market Size is about to shrink via a CFTC proposal”

February 13, 2018 - Editor

We all know using notionals to measure the size of the OTC market leads to crazy headlines, so the CFTC has a cunning plan for

Featured image for “The CFTC Roadmap and Christmas 2019”

July 19, 2017 - Editor

On Monday the 10th of July the CFTC published this roadmap that gives a view of the trail leading to Christmas 2019. It might only

Featured image for “The CFTC Grants a No-action Letter Giving 6 Months to Comply with Uncleared Margin Rules”

February 14, 2017 - Editor

Six months to comply for US regulated firms

Featured image for “The CFTC Argues With Itself Over the Bilateral Margin Rules”

September 1, 2016 - Editor

It amuses me that the CFTC Commissioners publicly criticize their own organisation, on their own website. Sort of like kicking yourself up the backside shouting

Featured image for “Chaos to Clarity – The CFTC STP 10 Minute Rule”

August 4, 2016 - Editor

In keeping with my passion and theme of 'Chaos to Clarity', I want to decode CFTC's Straight Through Processing (STP) 10 minutes rule which has

Featured image for “OTC Derivatives Regulatory Reforms and the changing role of Middleware platforms”

October 27, 2015 - Editor

In response to the financial crisis that began in 2008, the leaders of the Group of Twenty (G20) nations agreed to a series of measures

Featured image for “Targeted clearing mandate exemptions could reduce systemic counterparty risk”

March 31, 2015 - Editor

With regard to systemic counterparty risk reduction the bank regulators' minimum capital, liquidity reserve and margin levels are a major incentive.  The current fine-tuning debate and regulatory rule adjustment

Featured image for “The Swiss franc blip: time FX leverage limits moved from flat percentage to risk-based?”

March 6, 2015 - Editor

The dust has settled from the initial fall out from retail brokerages going out of business as a result of the SNB's abrupt removal of

Featured image for “Will leverage ratio cause an FCM concentration crisis?”

March 4, 2015 - Editor

  Risk magazine editor Duncan Wood makes a good point in his article The invisible incentives of clearing (subs. required) – the FSB / BIS ignored leverage