CFTC Head Issues Warning to Spoofers After US Verdict – Reuters The top US commodities regulator warned traders on Wednesday that he will aggressively pursue cases of market manipulation, a day after federal prosecutors won a landmark victory over the banned practice known as “spoofing.”
DTCC Exec Warns About Higher Interconnectedness – Risk.Net (subscription) The financial system has become increasingly interconnected because of the regulatory response to the financial crisis, says Michael Leibrock, chief systemic risk officer at Depository Trust & Clearing Corp.
FSB: Work Still Needed on OTC Derivatives Reforms – Profit & Loss The Financial Stability Board (FSB) has released two new reports, which document that, although good progress has been made in reforming the OTC derivatives markets, there are still areas where improvements are needed.
Massad Outlines New Swaps Reporting Rules – Profit & Loss Commodity Futures Trading Commission (CFTC) chairman, Timothy Massad, has revealed that the CFTC is planning to implement a series of new rules concerning swaps trade reporting.
FRTB: Are you Ready? – TABBForum The Fundamental Review of the Trading Book (FRTB) is the biggest and most significant market risk regulatory change since the introduction of Value at Risk almost two decades ago.