Five US federal financial regulatory agencies are coordinating the efforts to review the regulatory treatment of certain foreign funds under Section 619 of the Dodd-Frank Act, better known as the Volcker Rule
The US Commodity Futures Trading Commission has appointed Daniel Gorfine as director of LabCFTC and chief innovation officer, effective immediately
US President Donald Trump’s efforts to turn back the clock by gutting the bulk of post-crisis regulation took another step forward yesterday, with the House of Representatives passing the Financial CHOICE Act unopposed
Deutsche Bank is facing a $41 million penalty and a consent cease and desist order from the US Federal Reserve for “significant deficiencies” in its anti-money laundering management
The repeal and replacement of Dodd-Frank is underway, with the Volcker rule a likely casualty
Members of the SEC’s industry steering committee, including DTCC and SIFMA, were quick to praise the commission on the amendment
Swaps dealers have been gifted a seven-month grace period to finalise their compliance infrastructures for the new variation margin requirements set to come into force on 1 March
US Federal Reserve governor and key architect of post-crisis US banking regulation Daniel Tarullo has tendered his resignation, effective 5 April
