Displaying results 61 - 70 of 142
… for uncleared swaps. This is the first line of defense against a default and against the buildup of excessive risk. I’m very pleased that … jurisdictions in mandating additional swaps. We proposed a capital rule that would harmonize our standards with those …
… of the 1930s have been at the foundation of our strong capital markets and many decades of economic growth. In the … the Dodd-Frank reforms in a deliberative way – not against a clock. We have been careful to consider public … are no longer able to offset one customer’s collateral against another or to send only the net to the clearinghouse. …
… I mean it in a friendly way. Of course, it is still used to gain attention, “hey!” We Americans aren’t always so formal. … It’s ace and amazing that it all works so well. But then again, we only need to look at recent history to know it … are rules and regulations regarding clearing, margining, capital, trading and transparency, limits on speculation, …
… well. Markets are innovative, particularly when it comes to gaining and managing exposures. That’s why derivatives were … If confirmed, I will work to protect markets and customers against fraud and manipulation, as I have done throughout my … can also help to ensure that businesses have access to the capital they need to protect or adapt physical assets …
… default adequate? Are the standards regarding margin, capital or “skin in the game,” and the guaranty fund … considering whether and under what circumstances gains-based haircutting is an appropriate tool to allocate … mitigate default risk, because that margin is not credited against its leverage ratio. That could increase the risk …
… clearing derivatives on U.S. CCPs without incurring higher capital charges. That will allow CCPs and firms in the U.S. … It requires initial margin, which is designed to protect against potential future loss on a default, as well as … considering under what circumstances, and to what extent, gains-based haircutting is an appropriate tool to allocate …
… impose position limits, where appropriate, to guard against manipulation. For example, NYMEX imposes spot month … controls. In addition, each firm has its own financial and capital safeguards in place to protect itself from the … majority of the CFTC’s pool fraud cases have been brought against unregistered CPOs. These cases tend to involve ponzi …
… of retail banking and wealth management to aspects of capital markets, trading, and market infrastructure. On the … across geographic regions, a mobile application today can gain hundreds of thousands of users across the world in … CFTC regarding technological innovations and advances. I again want to thank all of you for joining us today, and am …
… and competition to the swaps market; • Protect against Wall Street’s risks from again spreading to the real economy; and • Enhance market … build on this progress later this year by finalizing capital and margin rules, as well as a rule on segregation …
… process is platform-controlled, a nascent SEF attempting to gain a first-mover advantage in trading liquidity may force … technological innovations are also transforming capital markets in such activities as raising money for … lifted its cap on the Swiss franc’s exchange rate against the Euro. The NFA amendments require NFA’s forex …