Ever since the dramatic rise and fall of oil prices in 2008, the CFTC has been under pressure to tighten the limits on the number of futures contracts that speculators can hold
CONTINUE READINGAs the new chairman of the Commodity Futures Trading Commission, Tim Massad faces a difficult challenge.
CONTINUE READINGThe Commodity Futures Trading Commission on May 1 addressed a critical issue in the implementation of the trade execution mandate for swaps: how to handle “package trades” that involve more than one type of contract but are priced and traded as one transaction.
CONTINUE READINGThe cross-border application of Dodd-Frank is one of the thorniest issues now facing the Commodity Futures Trading Commission and the industry it regulates.
CONTINUE READINGAfter several years of work, officials from the European Parliament and the EuropeanCouncil have finalized the revised directive on markets in financial instruments (MiFID II) and a regulation on markets in financial instruments (MiFIR).
CONTINUE READINGThe Senate approved the nomination of Sarah Bloom Raskin as deputy Treasury secretary.
CONTINUE READINGFIA, ISDA, GFMA, EFET, LEBA and WMBA jointly submitted a comment letter to ESMA to ask for clarification on certain aspects of the new position reporting regime for commodity derivatives under MiFID II, which will apply from 3 January 2018.
CONTINUE READINGFIA responded to an open letter from Ofgem on market abuse under the Regulation on wholesale Energy Market Integrity and Transparency (REMIT).
CONTINUE READINGLetter to Didier Millerot (Head of Unit D2, DG FISMA) by FIA European Principal Traders Association (FIA EPTA) concerning the European Banking Authority’s (EBA) technical advice to the European Commission on a new prudential regime for investment firms.
CONTINUE READINGComments from Piebe Teeboom, Secretary General of FIA EPTA, representing 30 independent proprietary trading investment firms operating in Europe, on the European Commission proposals on the new Prudential Regime for Investment Firms.
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