"major security-based swap participant" and "eligible contract participant" and to explain the process of evaluating a party's status under the rules. Design/methodology/approach – The paper provides the statutory definition of a dealer, and explains the CFTC's and the SEC's interpretive gui...
To shed light on the process for determining the level of risk a financial entity may pose to the U.S. economy, the Financial Stability Oversight Council (FSOC) unanimously approved final versions of a new analytic framework for making such determinations, as well as updated guidance on the co...
Most participants in the swap market are major financial institutions and busin... MD Young,WL Stein - 《Geo.l.j》 被引量: 2发表: 1988年 Compliance with the owned entity and independent account controller exemptions under CFTC Rule 150.4 On 14th August, 2017, the Division of Market ...
Financial Supervision Derivatives trading is supervised by the Commodity Futures Trading Commission (CFTC), which oversees trading on the futures exchanges, which have self-... M Jickling,EV Murphy - Library of Congress. Congressional Research Service. 被引量: 16发表: 2009年 Further Definition of...
Since these rules were first published, there have been several updates and amendments over the years that seek to update these rules in the context of modern storage systems and cloud services, introducing new compliance options for financial institutions....
a director, president, chief executive officer, chief operating officer, chief financial officer, chief compliance officer, or a person in charge of a business unit, division, or function subject to regulation by the CFTC of a corporation or their corporate control status at the exempt entity. ...
The CFTC acknowledges that this threshold calculation “may be complex or costly” and provides an alternative definition of “reportable position” that allows a reporting entity to bypass this calculation. Final Rule 20.1;seeFinal Rules at 43856. A reporting entity may instead identify a “reporta...
(11) would be self-executing.20 Latham & Watkins February 1, 2019 | Number 2443 | Page 3 Business Development Company Registration Relief CFTC Rule 4.5 excludes certain otherwise regulated persons from the CPO definition with respect to the operation of a qualifying entity (the 4.5 Exclusion)....
To determine whether to issue an exemption, the Treasury Secretary can consider: (1) whether the required trading and clearing of foreign exchange swaps and forwards would create systemic risk, lower transparency or threaten the financial stability of the United States; (2) whether foreign exchange...
Harvey, Bo