Recently by Jack I. Habert
Finance
New Swap Data Recordkeeping And Reporting Rules
The Commodity Futures Trading Commission has issued a final rule[1] regarding reporting and recordkeeping with respect to swaps. The effective date of the rule is March 13, 2012; compliance dates are dependent upon the completion of other CFTC rulemakings. I. Reporting Of Swaps A....
Read MoreFinance
CFTC Adopts Final Business Conduct Standards For Swap Dealers And Major Swap Participants
The Commodity Futures Trading Commission recently adopted final rules[1] regarding the business conduct standards with which swap dealers (“SDs”) and major swap participants (“MSPs”) must comply when entering into swaps with counterparties or advising clients regarding...
Read MoreCredit Default Swaps In The Headlines: What Senior Management Needs To Know About How CDSs Work, And Recent Efforts To Regulate CDSs
All Eyes On Credit Default Swaps In recent months, credit default swaps ("CDSs") have been the subject of growing public scrutiny. As defaults by sellers of these instruments have risen, there has been a call for governmental regulation, increased disclosure and transparency, and...
Read More