Speaker:
J. Christopher Giancarlo
Chairman
U.S. Commodity Futures Trading Commission
In his speech at IDX, Chris Giancarlo, the chairman of the U.S. Commodity Futures Trading Commission, previewed several proposed rulemakings to alter the agency’s cross-border swaps framework, including two proposals related to a new registration framework for non-U.S. derivatives clearing organizations, and one proposed rulemaking that would adjust registration thresholds for swap market participants. Giancarlo said these proposals are meant to avoid “overlapping and confounding crossborder regulation and market fragmentation, high regulatory cost and constraints on economic growth.”
