Commodity Futures Trading Commission chairman Chris Giancarlo has outlined its priorities for 2018 as the markets regulator gradually comes up to strength in personnel and capabilities. Justin Pugsley reports.
Americas
Senators call for Equifax executives to be held accountable for data breach
Senators vent outrage that Equifax chairman will escape harsher financial penalties with bonus claw-back provision not yet implemented by SEC
Crypto-currency flash crash draws regulatory attention
The boom in crypto-currencies is rapidly drawing greater attention from regulators with the CFTC investigating a flash crash incident in the US involving ether tokens
OCC takes lead in reviewing the Volcker rule
The Office of the Comptroller of the Currency has taken its cue from the US Department of the Treasury as it consults on how to reform the Volcker rule. By Justin Pugsley
Domestic regulator takes charge in normalising Argentina’s capital markets rules
Argentina’s economic reforms have thrust the Comisión Nacional de Valores into the forefront of undoing years of restrictive capital markets regulation in an effort to align it with international norms. By Justin Pugsley.
Fed chair Yellen defends Dodd-Frank at Jackson Hole
Fed chairwoman Janet Yellen defends Dodd-Frank potentially diminishing the prospect that she will be re-appointed next year when her term ends.
NSFR “could threaten US bank lending”
The net stable funding ratio could restrain US bank lending as the US Federal Reserve attempts to normalise monetary policy says a blog post on the Clearing House website.
Strong boards key to resilient financial institutions – Fed's Powell
Fed official says strong boards crucial to resilient financial institutions and lists ways the central bank is alleviating some regulatory burdens for the senior management of banks
International US asset managers will be affected by MiFID II
US asset managers and brokers with EU clients will find themselves caught up in the far-reaching Markets in Financial Instruments Directive II.
CFTC voices post-Brexit concerns over euro clearing
The prospect of the EU mandating the clearing of euro trades within the EU is likely to strain the bloc’s relationship with the US.
