Topic
Swaps
164 published works
Pension Risk Matters
Detroit Swaps, Counterparty Risk and Valuation
When I worked on several swaps and over-the-counter options trading desks, there was always a lot to do in order in order to properly set up a program with an…
Regulatory & Compliance Update
Swaps Update: Mandatory Trading on SEFs Commences February 15 for Certain Interest Rate Swaps
By Craig Stein
The Commodity Futures Trading Commission (the “CFTC”) announced its first two “made available for trade” determinations (each, a “MAT Determination”), which mandate that fund managers trade certain benchmark interest rate…
Pension Risk Matters
Dodd-Frank, Swaps Clearing and Compliance for Pension Plan Asset Managers
According to the Bank for International Settlements, the notional amount outstanding, as of June 2013, of global over-the-counter derivatives exceeded $692 trillion. Interest rate swaps reflect the largest category at…
The Contingency
Swiss Swatch Swings at Swap, Whiffs
Swatch makes Swiss watches. It sells them at Swatch stores, many in malls. The chronometers come in many styles. They cost $100 and up. Young people like them. But you…
Corporate & Financial Weekly Digest
CFTC Makes Comparability Determinations for Substituted Compliance Purposes
By Guy C. Dempsey Jr., James M. Brady
The Commodity Futures Trading Commission has approved comparability determinations for substituted compliance with six different non-US regulatory regimes. Pursuant to the substituted compliance determinations, the CFTC will permit non-US swap…
Corporate & Financial Weekly Digest
CFTC Issues Advisory Concerning Commodity Trading Advisors and Swaps
The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) issued Advisory No. 13-79 to provide guidance to commodity trading advisors (CTAs) on new obligations relating to…
Corporate & Financial Weekly Digest
CFTC Requests Public Comment on MAT Filings by Javelin and trueEX
By Guy C. Dempsey Jr., James M. Brady
The Commodity Futures Trading Commission has requested public comment on determinations by Javelin SEF, LLC (Javelin) and trueEX, LLC (trueEX) to make certain interest rate swaps “available to trade.” Once…
The Swap Report
CFTC Taking Comments on Requiring Interest Rate Swaps to be Executed on SEFs or DCMs
By Andrew Cross
By Andrew Cross and Tom Watterson On Friday, Javelin SEF made the first "Made Available to Trade" submission (an "MAT Submission") to the CFTC for certain interest rate swaps. Javelin's…
Lending Law Report
6 Months Later, Lenders Continue To Address ECP Issues
This post was written by Abbey Mansfield. As most market participants are aware, the Dodd-Frank rule requiring all swap guarantors to be eligible contract participants (“ECP”s) under the Commodity Exchange…
Corporate and Securities Law
ISDA Risk Disclosure Documents for Swaps