Topic: Swaps

JD Supra Corporate Brief: CFIUS Authority, SEC Enforcement, 2014 Proxies, Patent Trolls

Government shutdown or no government shutdown, there’s still a JD Supra Corporate Brief to read: The Committee on Foreign Investment in the United States just ordered an Indian company to sell its stake in a US digital security business… (Goodwin Procter) “Costly and complicated” is one way to describe the SEC’s new CEO pay ratio… Read more »

JD Supra Corporate Brief: Money Laundering, 3D Printers, Age Discrimination, Obamacare Requirements

On September 13, 1898, Hannibal Goodwin patents celluloid photographic film. On September 13, 2013, schoolchildren around the world say, “Huh? What’s photographic film?” It’s time for banks to move anti-money laundering compliance to the front burner… (Manatt) “We’ll argue this whistleblower case all the way to the Supreme Court if we have to…” (Whistleblower Law… Read more »

JD Supra Corporate Brief: Prohibited Persons, Conflict Minerals, Food Labels, Frequent Flyers

Looking for the latest business law news? Look no further: As many as 50,000 names of “prohibited persons” are included on the US, UK, EU, and UN sanctions lists… (Michael Volkov) The CFTC’s new guidance on how Dodd-Frank Act requirements will apply to cross-border swap activities is the agency’s most complicated undertaking in the past… Read more »

Swap Market Participants: New CFTC Rules Go Into Effect April 10, 2013

“The Office of Financial Research (OFR) of the US Treasury Department … has been participating in a global effort to improve the infrastructure of the financial markets by creating a process for assigning every participant in financial transactions a … unique identification number that facilitates transactional recordkeeping and reporting for financial transactions and can also… Read more »

US Treasury Exempts Foreign Exchange Swaps & Forwards from Dodd-Frank Rules

“Foreign exchange (FX) swaps, the second largest derivatives trading market, [have] been exempted from Dodd-Frank regulation by the U.S. Treasury. Though some Democratic legislators criticized the move, the Treasury went forward with the exemption citing the high-levels of risk management inherent in FX trading. ‘Unlike other derivatives, FX swaps and forwards already trade in a… Read more »

The Commodity Futures Trading Commission (CFTC) – JD Supra Need to Know

 For your reference, here’s quick roundup of analysis, commentary, and news about recent developments at the United States Commodity Futures Trading Commission (CFTC). As written by corporate lawyers on JD Supra: On Swaps: CFTC Shines Light on Swaps Market with ‘Swaps Report’ – by Shipkevich PLLC “The data contained in the report is robust, and… Read more »

Dodd-Frank Update: CFTC Delays Swap Dealer Registration Rule

“[S]wap dealers would be granted a short-term delay on a new rule that mandates the counting of swaps as a component of registration… The new rules have been the subject of controversy and presidential debate politics over the last few weeks. Republicans have accused the CFTC of ideological maneuvering and wastefulness as they pursue controversial… Read more »

CFTC and SEC Publish Final “Swaps” Definition; Countdown Begins for Regulatory Compliance

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission published the final rules defining “swap” and other swap-related terms in the Federal Register earlier this week, setting into motion a countdown to compliance for a number of CFTC regulations governing the swap market. From law firm Skadden Arps: “The effective date and… Read more »

CFTC and SEC Finalize Swap Definition, Set Regulatory Reforms Into Motion

On July 7, 2012, the Commodities Futures Trading Commission (CFTC) finalized its definition of a “swap” as required by the Dodd-Frank financial reforms law, one day after the Securities and Exchange Commission approved its parallel version of the definition. For your reference, here’s a roundup of legal commentary on this latest Dodd-Frank development: CFTC-SEC Final… Read more »

Dodd-Frank Act: CFTC Adopts Final Rules for Swaps Marketplace

Tasked by the Dodd-Frank Act to reform the swaps marketplace, the Commodities Futures Trading Commission recently finalized several key rules regulating the activities of dealers and major swap participants.  For your reference, here’s a roundup of legal commentary and analysis on the new regulations: CFTC Holds First Open Meeting of 2012 and Finalizes Key Rulemakings Under… Read more »