To Be or Not to Be
On June 19th, Risk.net noted the two different approaches banks are taking to the Commodity Futures Trading Commission’s (“CFTC”) $8 billion threshold for registration as a swap dealer. While some are monitoring their U.S. swaps trading to stay below that figure and avoid registration, others are registering in order to take advantage of a market opportunity. To Be or Not to Be.
New CFTC Commissioner
On June 16th, J. Christopher Giancarlo was sworn in as CFTC Commissioner. CFTC Press Release.