Derivatives Content

On October 18, 2023, the Commodity Future Trading Commission's ("Commission") Division of Market Oversight ("Division") issued no-action relief to Chicago Mercantile Exchange Inc., ICE Trade Vault, LLC, DTCC Data Repository (US) LLC, and KOR Reporting Inc. (collectively, the SDRs)...

ICI has filed the attached comment letter with the CFTC on its proposed amendments to margin requirements for uncleared swaps related to the treatment of seeded funds and eligibility of certain money market funds (MMFs) as eligible collateral.

On September 20, the Securities and Exchange Commission ("SEC" or "Commission") adopted amendments to Rule 35d-1 under the Investment Company Act of 1940 ("Names Rule"), as well as associated forms and disclosure requirements. The final amendments passed by a vote of four to one, with...

As previously reported, the SEC and the CFTC recently proposed amendments to the rules for covered clearing agencies (CCAs) and derivatives clearing organization (DCOs),1 respectively, related to resiliency, and recovery and wind-down plans (RWPs).2 Yesterday, ICI filed the attached...

On July 7, the CFTC approved the "made available to trade" (MAT) determination that Tradeweb's registered swap execution facility (SEF), TW SEF LLC (TW SEF), resubmitted in late May for certain overnight index swaps (OIS) referencing specific risk-free rates. Specifically, the MAT...

The Office of Information and Regulatory Affairs released the Spring 2023 Unified Agenda of Regulatory and Deregulatory Actions on June 13, 2023. The agenda includes regulatory actions that the Securities and Exchange Commission and Commodity Futures Trading Commission expect to take...

The SEC and the CFTC have proposed amendments to the rules for covered clearing agencies (CCAs) and derivatives clearing organization (DCOs), respectively, related to resiliency, recovery, and wind-down plans. On May 17, the SEC proposed amendments that are intended to (1) strengthen...

The Basel Committee on Banking Supervision (BCBS), the Committee on Payments and Market Infrastructure (CPMI), and the International Organization of Securities Commissions (IOSCO) (collectively, the "regulators") recently published a report analyzing margin dynamics in centrally...