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Regulation

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  • Trustees are concerned about the potential application of commodity pool rules to their business and are evaluating what the impact would be if they had to register with the National Futures Association.
  • Rep. David Schweikert (R-Ariz.) in his keynote remarks at IMN’s ABS East conference Monday laid out a plateful of issues confronting the winner of next month’s presidential election, a serving that offers more questions than answers.
  • After a year of intense capital markets volatility caused largely by economic developments out of Europe and unpredictable political events elsewhere abroad, this year it is domestic political uncertainty and monetary policy that may represent the biggest threats to the securitization markets.
  • Distinguishing or limiting the scope of eligible derivatives used by UCITS funds based on their payoff would be counterproductive as exotic derivatives can be used to mitigate risk or provide capital protection, according to the Joint Associations Committee on Retail Structured Products.
  • Misfortune followed by calamity. That’s a heck of a way to start the day, but that is how moderator Jason Kravitt, partner at Mayer Brown, opened this morning’s regulatory panel at the ABS East Conference in Miami.
  • The Singapore Exchange is actively seeking recognition from both European and U.S. regulatory bodies for its over-the-counter clearinghouse, Derivatives Clearing.