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Regulation

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  • The U.S. Securities and Exchange Commission is investigating how registered funds make alternative investment decisions.
  • Banning flash orders in the options market could cause another flash crash, a Securities Industry and Financial Markets Association committee has warned.
  • The Securities and Exchange Commission and the Commodity Futures Trading Commission should make sure to take into account collateralization when setting the threshold for who counts as a major swap participant, according to Philip McBride Johnson, of counsel with Skadden Arps Slate Meagher & Flom and a former head of the CFTC.
  • The U.S. Securities and Exchange Commission is investigating how registered funds make alternative investment decisions.
  • Limiting a clearinghouse member’s exposure to the CCP could limit that CCP’s ability to mitigate risk and manage a systemic failure in the event of a default, according to the Japan Securities Clearing Corporation.
  • Amendments to client category changes for complex products under the Markets in Financial Instruments Directive could create a complicated regulatory regime and lead to higher costs for investment firms, according to the Alternative Investment Management Association.