Dodd-Frank.com

CFTC to Hold Open Meeting on Second Series of Proposed Rules under the Dodd-Frank Act

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The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Tuesday, October 19, 2010, at 9:30 a.m. to consider the issuance of the following proposed rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act:  Definition of “agricultural commodity”; Position reports for physical commodity swaps and swaptions;... Read More

Topics: Derivatives

SEC Proposes Rules to Mitigate Conflicts of Interest Involving Security-Based Swaps

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The SEC has proposed rules intended to mitigate conflicts of interest for security-based swap clearing agencies, security-based swap execution facilities, and national securities exchanges that post security-based swaps or make them available for trading.  Section 765 of the Dodd-Frank Act lays out requirements designed to mitigate conflicts of interests at... Read More

Topics: Broker-Dealer, Derivatives

CFTC Adopts Interim Final Rule on Reporting of Pre-Enactment Swaps

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Beating the deadline (October 20, 2010) for the first of its required Dodd-Frank rulemakings by more than two weeks, the CFTC has announced publication of its required interim final rule for the reporting of pre-enactment swap transactions. The basic requirements of the reporting rule are outlined below. What Counterparties are... Read More

Topics: Banking, Derivatives, Energy, Insurance, Uncategorized

Chairman Sheds Light on CFTC Rulemakings in Remarks to Chamber of Commerce

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In remarks before the U.S. Chamber of Commerce yesterday, CFTC Chairman Gary Gensler discussed several aspects of the Commission’s implementation of the Dodd-Frank Act. According to the Chairman, the Commission is following two guiding principles with respect to its rule-writing process. The first principle, which should come as no surprise,... Read More

Topics: Banking, Derivatives, Energy, Insurance

SEC Rulemaking Schedule Addresses Derivatives Trading

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The SEC’s recently released rulemaking schedule for implementation of the Dodd-Frank Act includes a schedule for implementing the derivatives trading provisions of the Act. Generally speaking, the agency plans to propose derivatives trading rules during the period from October to December 2010, including rules to address the following: – Definitions... Read More

Topics: Banking, Derivatives, Energy, Insurance, Uncategorized

CFTC to Publish All Outside Meetings Regarding Implementation of Dodd-Frank

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In an effort to keep implementation of the Dodd-Frank Act transparent, the CFTC has begun publishing a list of all meetings with outside organizations regarding implementation of the Act. The list discloses the outside organizations and individuals and CFTC staff involved in the meeting, the rulemaking topic discussed, and the... Read More

Topics: Banking, Derivatives, Energy, Insurance