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Emerging Technology & Products

  • Viewpoint – Issues to watch in global derivatives markets 

    Global cleared derivative markets are made up of a wide variety of participants, from different geographies and different business disciplines. But surprisingly, many of my conversations to start 2023 have focused on a few key priorities. 

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  • Viewpoint - Lessons from the Year of Crypto

    FTX's unlawful use of customer money should not completely overshadow the groundbreaking ideas it was proposing to disrupt finance. Direct access to exchanges, auto-liquidation, real-time margining—these ideas are not going away. Whether we like it or not, these new approaches to market structure will continue to challenge our way of doing business.

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  • SEC Enforcement Priorities

    The panel will discuss SEC tactics such as the increasingly sophisticated use of whistleblowers and trading data surveillance, and evolving enforcement priorities, such as the SEC’s focus on disclosures, sales practices, and other policies and procedures related to sales of complex products and trading strategies, with examples involving complex options-based strategies and variable annuities.

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  • US Senate hearing focuses on urgent need for crypto regulation  

    US Commodity Futures Trading Commission Chairman Rostin Behnam testified before the Senate Agriculture Committee on 1 December, discussing lessons learned from the collapse of FTX. 

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  • FTX and intermediation a hot topic in regulatory discussions at Expo 

    Policymakers and industry experts discussed the latest approaches to regulating emerging areas of derivatives markets at FIA Expo 2022 in Chicago on Monday, including areas like crypto assets, retail products and climate-related issues. 

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  • Digital Asset Regulation and Insights for Asset Managers

    K&L Gates discusses the evolving regulatory environment, recent enforcement actions and proposed U.S. legislation for digital assets and their impact on the asset management industry.

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  • FIA joins other trade associations in industry response to second Basel consultation on cryptoassets

    FIA also files a supplemental letter urging regulators not to penalise client clearing.

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  • US senators express support for expanded CFTC oversight in digital commodities markets

    The US Senate Committee on Agriculture, which oversees the US Commodity Futures Trading Commission, held a hearing on 15 September to discuss the Digital Commodities Consumer Protection Act, a bipartisan legislative proposal that would grant the CFTC additional oversight over spot digital commodities markets.

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  • Viewpoint – Digital assets are the topic in DC this summer

    Chair Debbie Stabenow (D-MI) of the Senate Agriculture Committee and Ranking Member John Boozman (R-AR) introduced the Digital Commodities Consumer Protection Act of 2022 last week. This much-anticipated legislation would give the Commodity Futures Trading Commission (CFTC) new tools and authorities to regulate the cash digital asset commodity market while leaving the regulation of digital assets that are deemed securities to the US Securities and Exchange Commission (SEC).

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  • CFTC roundtable on non-intermediation focuses on FCM benefits and default waterfalls

    The US Commodity Futures Trading Commission hosted a wide-ranging and at times contentious discussion on issues related to intermediation in derivatives trading and clearing on 25 May. The roundtable event was more than six hours long, and included representatives from CFTC-registered derivatives clearing organizations (DCOs) and futures commission merchants (FCMs) as well as trading firms, asset managers, agricultural industry representatives, academics, public interest groups, and others.

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