📈SEC Requests OMB Extension for Rule 19b-4(e) Compliance
The Securities and Exchange Commission (SEC) is submitting a request to the Office of Management and Budget (OMB) for an extension regarding the information collection activities related to Rule 19b-4(e). This rule allows self-regulatory organizations to list new derivative securities products without prior approval, but requires public reporting of relevant information to maintain accurate records.
Learn More📉CFTC Withdraws Guidance on Voluntary Carbon Credit Derivatives
The Commodity Futures Trading Commission (the "Commission" or "CFTC") is withdrawing final guidance published on October 15, 2024, titled "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts."
Learn More📉SEC Approves ICE Clear Credit's New CDS Contract for Côte d'Ivoire
The SEC has approved ICE Clear Credit LLC's proposal to clear an additional credit default swap contract for the Republic of Côte d'Ivoire. This change enhances the legal framework for clearing specific derivative contracts and underscores ICC's adherence to existing risk management practices, promoting accurate settlement of securities transactions.
Learn More🏦Proposed Rule Change Impacting Security-Based Swap Facilities
The SEC has issued a notice regarding the proposed rule change by the NYSE to amend the Certificate of Incorporation for Intercontinental Exchange, reflecting new regulations for security-based swap execution facilities. The amendment aims to clarify ownership limitations and ensure compliance with applicable securities regulations. It also includes updates to the registered office address and other non-substantive changes.
Learn More📊Federal Reserve Approves Three-Year Extension for Derivatives Report
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Semiannual Report of Derivatives Activity (FR 2436; OMB No. 7100-0286).
Learn More💱Federal Reserve Approves Revision to FX Market Activity Survey
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Central Bank Survey of Foreign Exchange and Derivatives Market Activity (FR 3036; OMB No. 7100-0285).
Learn More📈Proposed Rule Change by Cboe BZX Exchange on Market Makers
The Securities and Exchange Commission has published a notice regarding a proposed rule change from Cboe BZX Exchange to amend Exchange Rule 14.11. The amendments aim to modify the reporting requirements for registered Market Makers trading in UTP Derivative Securities, allowing them to file a current list of Related Instrument Trading Accounts only at the Exchange's request. This regulatory adjustment seeks to streamline compliance and reduce related paperwork.
Learn More📈Proposed Rule Change on Risk Management by ICE Clear Credit
The SEC published a notice regarding ICE Clear Credit LLC's proposed rule change to enhance its Risk Parameter Setting and Review Policy and Risk Management Model Description for securities and derivatives. The revisions aim to clarify risk management methodologies and improve documentation, promoting efficiency in the clearance and settlement of financial transactions.
Learn More📊CFTC Notice on Clearing Member Risk Management Compliance
The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the obligation to maintain records related to clearing documentation between a customer and the customer's clearing member, as required under Commission regulations.
Learn More📊SEC Proposes Extension of Information Collection Under Rule 15c3-1
The SEC is soliciting comments on the existing collection of information related to Appendix F of Rule 15c3-1, which governs net capital rules for OTC derivatives dealers. The notice highlights compliance requirements and seeks feedback on the proposed information collection process, ensuring its practicality and potential improvements.
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