Sat, Aug 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Derivatives rules, FATCA delayed, Glass-Steagall revived

Monday, July 15, 2013

Bailey McCann, Opalesque New York:

There has been a lot of movement on the regulation front in the last week, mostly in terms of delays. The Commodities Futures Trading Commission (CFTC) met Friday to issue guidance on cross border derivatives trading, agreeing to delay imposition of Dodd-Frank rules. Similarly, the IRS has agreed to delay the implementation of FATCA rules for six months.

Derivatives

On Thursday, Opalesque first reported that an exemptive order for the CFTC governing cross border derivatives trading was set to expire on Friday. The regulator had a meeting on Friday to discuss how best to implement Dodd-Frank rules for US firms abroad that engage in derivatives trading. The Commission noted that it had come to an agreement with the Eurozone to harmonize rules across the two continents, and also agreed to delay implementation of those rules.

The EU timeline for its own derivatives rules has been pushed back relative to the US, which is trying to wrap up as much of Dodd-Frank guidance as it can by 2014. On Wednesday the Commission indicated it would continue moving forward even if Eurozone timetables were slower than the US, however, it appears that the US is also interested in slowing things down a bit. Fo......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added