House Committee on Agriculture
CME chief’s arguments at FTX hearing raise eyebrows
Terry Duffy’s criticism of exchange’s direct clearing proposal revives debate over ‘skin in the game’
Delay US non-cleared margin rules, industry tells Congress
“This puts the US banks at a huge disadvantage relative to the European banks,” says CME’s Duffy
NSFR to hike hedging costs for end-users, industry warns
Costs could increase by 10–15%, House Agriculture Committee hears
Accounting puts brake on move to daily settled swaps
New margin approach threatens hedge accounting status, could hurt effectiveness
US politicians renew push for change to leverage ratio
Agriculture committee ups pressure on Fed over client margin
Energy firms praise Republican Dodd-Frank fixes
Industry groups hopeful Commodity End-User Relief Act will survive veto threat
Republicans in Congress set to push Dodd-Frank fixes
End-user relief has good shot at surviving Obama veto, observers say
Dodd-Frank reporting rule hurts hedgers, Massad admits
CFTC head acknowledges difficulty faced by hedgers in illiquid commodities
Massad backs leverage ratio changes
CFTC chairman “very concerned” about negative impact on clearing
House committee calls on Fed to change leverage ratio
US politicians argue "unwarranted" capital burden will hike end-user costs
CFTC misusing Dodd-Frank to expand its role, says CME's Duffy
CME chief accuses regulator of overreaching, as line-up of industry figures attacks Dodd-Frank rules
The power behind the throne: CME and the fight for futures market supremacy
It’s the biggest futures exchange in the world, so CME Group naturally has both friends and enemies. Some of its friends are very well connected – and some of its enemies claim this influence has been used to stifle competition, allowing the exchange to…
CFTC taking ‘check-the-box’ approach to cost-benefit analysis, says congressman
Chair of the general farm commodities and risk management subcommittee accuses the CFTC of conducting only token cost-benefit analyses on Dodd-Frank rule-makings
Isda chairman: US banks could be hamstrung by Dodd-Frank
Isda chairman warns House Committee on Agriculture that extraterritorial application of swaps proposals could make US banks less competitive
Dodd-Frank: the story so far
In on the Act
Inconsistency could lead to arbitrage
Consistency is key