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  • The International Swaps and Derivatives Association has been approved as an affiliate member of the International Organization of Securities Commissions at the regulatory association’s recent board meeting in Sydney.
  • Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, has called for a bill of rights for derivatives end-users, which would include registration and rules of conduct for high-frequency trading firms.
  • The U.S. Commodity Futures Trading Commission has issued a final rule that exempts from central clearing swaps between certain affiliates within a corporate group.
  • Goldman Sachs has formed Goldman Sachs Liberty Harbor Capital, a business development company that is expected to engage in proprietary trading within the limits of the Volcker Rule.
  • Daniel Tarullo, a governor of the Federal Reserve, said he was hopeful that the Volcker Rule will be completed this year.
  • The International Swaps and Derivatives Association has issued a report that warns of potential contagion risk facing central counterparties if a clearing member defaults.