Regulation Archive

A research group focused on market regulation has appealed to US and European policymakers to harmonise clearing house authorisation in new global swaps rules to avoid market inefficiencies. read more>

Canada-based day trading firm Swift Trade has lost an appeal to the Upper Tribunal of the Tax and Chancery Chamber in the UK after contesting an £8 million fine for market abuse imposed by the country's the Financial Services Authority. read more>

President Barack Obama has chosen a former federal prosecutor to replace Mary Schapiro as chairperson of the Securities and Exchange Commission. read more>

A European financial transaction tax came a step closer today after the Council of the European Union agreed to a proposal that would levy a fee on equity and derivatives trading across 11 member states. read more>

Ever since the Dodd-Frank Act came into law on 21 July 2010 the financial industry has tried to wait patiently for US regulators to issue the final versions of the Act's 398 rules. Entering into 2013, the process probably won't change, according to experts. read more>

Expected regulatory approval of portfolio margining for US credit default swaps will reduce the cost of clearing and could dictate the shape of the derivatives landscape in the future. read more>

Clients of Citi can now benefit from greater collateral efficiencies following deals the investment bank has struck with international central securities depositories Clearstream and Euroclear. read more>

European policymakers have secured a one-month extension to the final sign off covering detailed rules that underpin new OTC derivatives legislation. read more>

Market regulator the Australian Securities and Investment Commission will build a new surveillance system incorporating functions used by high-frequency trading firms. read more>

The mobilisation of collateral in Europe could be severely hindered by derivatives market Eurex’s desire to maintain its monopoly in trading and clearing certain baskets of tri-party repo instruments. read more>