U.S.
Some stories require a subscription to access the full source article.
Fed Credit Limits Likely to Hit Investment Banks, Custodians Hardest
By Louie Woodall
June 18, 2018, Risk Quantum
Single-counterparty credit limit (SCCL) rules published by the Federal Reserve on June 14 may prove toughest for State Street, BNY Mellon, Morgan …
Read More →
U.S. Rule to Protect Retirement Savers Dies Quietly
By Neil Weinberg
June 15, 2018, Bloomberg
The “fiduciary rule” is officially dead.
The Labor Department rule, conceived by the Obama administration, was meant to ensure that advisers put their …
Read More →
SEC Chairman Is ‘Sick’ of How Much Retail Fraud There Is
By Bernice Napach
June 18, 2018, ThinkAdvisor
SEC Chairman Jay Clayton told an auditorium filled with bankers and regulatory officials that “the amount of retail fraud that still goes on” …
Read More →
Volcker ‘Fix’ May Cause New Headaches for Wall Street
By Pete Schroeder and Michelle Price
June 15, 2018, Reuters
A proposal to simplify a rule banning banks from proprietary trading, rather than making life easier for Wall Street, could …
Read More →
Buy-Side Frets Over Fallbacks in ‘Zombie Libor’ Scenario
By Robert Mackenzie Smith
June 15, 2018, Risk
Buy-side firms are increasingly worried about timing mismatches in fallbacks for cash and derivatives products in a “zombie Libor” situation, where only …
Read More →
FIA, CMC Call on CFTC to Amend Reporting Rule
By Louisa Chender
June 15, 2018, Global Investor Group
The Futures Industry Association (FIA) and the Commodity Markets Council (CMC) have asked the U.S. swaps regulator to amend a reporting …
Read More →
Derivs, Sec Finance Get Relief as Fed Signs Off SCCL Rules
By Andrew Neil
June 15, 2018, Global Investor Group
Securities finance and derivatives trades will get special treatment in a rule designed to limit the amount of credit exposure that …
Read More →
VM Changes Cut Billions from U.S. Bank Swaps Values in 2017
By Louie Woodall
June 15, 2018, Risk Quantum
Adoption of the settled-to-market (STM) technique for cleared swaps trades slashed billions off of U.S. banks’ gross derivative assets and liabilities, but …
Read More →
Report: Weakened Volcker Rule Will Be More Enforceable than Current Regime
By Alicia McElhaney
June 15, 2018, Institutional Investor
As the Federal Reserve seeks feedback on its proposed changes to the Volcker rule, it has become apparent that the biggest beneficiaries …
Read More →
Fed Limits Credit Exposure Big Banks Can Have with Each Other
By Lalita Clozel
June 14, 2018, The Wall Street Journal
A banking regulator capped the amount of exposure the largest banks operating in the U.S. can have with each other, …
Read More →-
Secret ETF Trades Revealed by MiFID Point to Market 70% Larger
-
FCA to Investigate Impact of E.U. Asset Management Rules After Criticism
-
Miffed? Far from It, Say SSAs Adapting to Life Under MiFID II
-
‘Jury Still out’ on MiFID II Transparency, Warns Top Regulator
-
Buy-Side to Outsource More Compliance Functions Over Next Five Years, Study Finds
-
Secret ETF Trades Revealed by MiFID Point to Market 70% Larger
-
FCA to Investigate Impact of E.U. Asset Management Rules After Criticism
-
Miffed? Far from It, Say SSAs Adapting to Life Under MiFID II
-
‘Jury Still out’ on MiFID II Transparency, Warns Top Regulator
-
Buy-Side to Outsource More Compliance Functions Over Next Five Years, Study Finds