Prudential Financial becomes last US insurer to shake off the ‘too big to fail’ designation, with critics seeing it as a significant roll back of the Dodd-Frank Act
Americas
Former Fed chief Yellen warns over huge deterioration in some lending standards
Former Fed chair Janet Yellen voices concern over huge deterioration in lending standards to corporates and over the deregulation agenda being pursued by US president Donald Trump
SEC to focus on investors, innovation and performance
The SEC said its latest four-year plan will focus on investors, innovation and on improving its own performance with the use of data and technology
CFTC threatens EU institutions US market access over CCP oversight
CFTC chair threatens EU with blocking access to US clearing facilities if EU doesn’t relent on some of its proposals for overseeing overseas clearing houses
US deregulatory moves could be challenged after mid-term elections
US mid-term elections could throw a spanner in the works of president Donald Trump’s deregulation agenda if the Democrats were to gain enough seats
Can the CFTC crack cross-border swaps?
CFTC chairman J Christopher Giancarlo has been on a charm offensive in a bid to win over other regulators towards creating a more level playing field for cross-border swaps regulation. By Farah Khalique
US agencies consult on use of SA-CCR approach for measuring derivatives exposures
US agencies consult over the use of SA-CCR for calculating derivatives exposures
Positions harden over exchange data fees
War of words heats up over exchange data fees as SEC choses not to rule on whether they are excessive or not
Still work to be done in driving transparency in OTC derivatives – CFTC's Quintenz
Driving transparency in OTC derivatives markets was one of the biggest achievements of the post-global financial crisis reforms says a CFTC commissioner, but he warned that there is more work to be done in this area.
Richard Clarida sworn in as vice-chairman of the Fed
Economist and fund manager Richard Clarida becomes vice-chairman at the US Federal Reserve
