Search results

Order by most recent / most popular / relevance

Results: 11-20 of 28

House Financial Services Committee votes on OTC Derivatives Market Act

Alston & Bird LLP
-
USA
-
October 16 2009

Yesterday morning, the House Financial Services Committee voted, 43-27, to approve Chairman Barney Frank’s proposed Over-the-Counter Derivatives Market Act of 2009, as amended during the mark up session held Wednesday

Congressman Peterson releases discussion draft of proposed legislation to regulate over-the-counter derivatives market

Alston & Bird LLP
-
USA
-
October 14 2009

Last Friday, Congressman Collin Peterson (D-MN), Chairman of the House Agriculture Committee, released a discussion draft of proposed legislation to strengthen the regulation of the over-the-counter (OTC) derivatives market

House Financial Services Committee holds hearing on OTC derivatives market

Alston & Bird LLP
-
USA
-
October 8 2009

Yesterday, the House Financial Services Committee held a hearing entitled "Reform of the Over-the-Counter Derivative Market: Limiting Risk and Ensuring Fairness," to consider the effective regulation of the over-the-counter (OTC) derivatives market and reaction to the discussion draft of proposed legislation released late last week by Committee Chairman Barney Frank (D-MA

Congressman Frank releases discussion draft of proposed legislation to regulate over-the-counter derivatives market

Alston & Bird LLP
-
USA
-
October 6 2009

On Friday, Congressman Barney Frank (D-MA), Chairman of the House Financial Services Committee, released a discussion draft of proposed legislation to strengthen the regulation of the over-the-counter (OTC) derivatives market

Senator Reed introduces Comprehensive Derivatives Regulation Act of 2009

Alston & Bird LLP
-
USA
-
September 23 2009

Yesterday, Senator Jack Reed (D-RI), Chairman of the Senate Banking Committee's Subcommittee on Securities, Insurance, and Investments, introduced the Comprehensive Derivatives Regulation Act of 2009 (CDRA), legislation intended to "establish a comprehensive regulatory framework to prevent derivatives trading activities from ever again contributing to catastrophic failures in our financial system."

FRBNY receives commitments from market participants to expand central clearing for OTC derivatives

Alston & Bird LLP
-
USA
-
September 9 2009

Yesterday, fifteen global over-the-counter (OTC) derivatives dealers submitted a letter to the Federal Reserve Bank of New York (FRBNY), affirming their commitment to increase their usage of central counterparties (CCPs) for clearing and setting initial target performance levels to achieve such commitments

U.S. Treasury delivers proposed legislation on OTC derivatives to Congress

Alston & Bird LLP
-
USA
-
August 12 2009

As the last piece of the Obama administration’s agenda for the reform of regulatory financial agencies, the U.S. Treasury Department delivered its proposed legislation, titled the “Over-the-Counter Derivatives Markets Act of 2009,” for the regulatory reform of the over-the-counter (OTC) derivatives market to Congress yesterday

SEC permits Eurex Clearing AG and ICE Clear Europe Limited to operate as central counterparties for credit default swaps

Alston & Bird LLP
-
USA
-
July 23 2009

Today, the Securities and Exchange Commission (SEC) announced its approval of conditional temporary exemptions to allow Eurex Clearing AG (Eurex) and ICE Clear Europe Limited (ICE) to operate as central counterparties (CCPs) to clear credit default swaps (CDS

Federal Reserve Bank of New York acknowledges publication of CDS central counterparty legal analysis by industry participants

Alston & Bird LLP
-
USA
-
July 14 2009

On July 13, the Federal Reserve Bank of New York (FRBNY) issued a press release to acknowledge the publication by a group of 8 dealers and 8 buy-side market participants of a "cross-jurisdictional analysis of legal and regulatory issues facing credit default swap central counterparties (CDS CCPs) with respect to customer access to central clearing platforms."

Treasury Secretary Geithner testifies at hearing on regulation of OTC derivatives

Alston & Bird LLP
-
USA
-
July 10 2009

Today, the House Financial Services and Agriculture Committees held a joint hearing titled, "A Review of the Administration’s Proposal to Regulate the Over-the-Counter Derivatives Market," at which U.S. Treasury Secretary Geithner testified on the Obama administration’s comprehensive regulatory framework for OTC derivatives markets