Events listed in [FR] Federal Register
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 24282
The U.S. Securities and Exchange Commission, SEC, has published in the Federal Registered proposed rule changes of FINRA (Financial Industry Regulatory Authority) in connection with margin requirements regarding certain options or warrants on indices. The purpose of the publication is to seek feedback from the public on the proposal and whether or not the SEC should approve the proposed changes. Specifically, FINRA is proposing ...
Risk Management Program Regulations for Swap Dealers, Major Swap Participants, and ...
ID 24255
As previously announced on June 6, 2023 (please see EventID 21420 in this context for more information), the U.S. Commodity Futures Trading Commission, CFTC, has published in the Federal Register (FR) its so-called advanced notice of proposed rulemaking (ANPRM) as regards risk management requirements of swap dealers (SDs) and future commission merchants (FCMs) many of which are major Wall Street banks or prudentially-regulated institutions. ...
Regulation D: Reserve Requirements of Depository Institutions
ID 24225
The Board of Governors of the Federal Reserve System (FED) published in the Federal Register modifications to Regulation D: Reserve Requirements of Depository Institutions with immediate effect. To recall, Regulation D requires financial institutions to hold deposits with Federal Reserve Banks on deposits and certain other liabilities of banks such as time deposits, demand deposits, Eurocurrency liabilities, liabilities arising from repurchase agreements, and several ...
Governance Requirements for Derivatives Clearing Organizations
ID 24218
As previously announced by U.S. Commodity Futures Trading Commission (CFTC) (please see EventID 21565 in this context for more information), the Commission has now published in the Federal Register its final rule as regards enhanced governance requirements of Derivative Clearing Organizations (DCOs). The aim of the new rule is to improve risk management processes of DCOs, including the identification and handling of risks, so ...
Agency Information Collection Activities: Proposed Collection, Comment Request: ...
ID 24213
In view of the finalization of its rule as regards enhanced governance requirements of Derivative Clearing Organizations, DCOs, (please see EventID 22279 in this context for a detailed description of the new rule), the U.S. Commodity Futures Trading Commission (CFTC) has now published in the Federal Register for public comment the proposed „collection“ of certain information under the final rule. Specifically, the new rule ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 24157
The U.S. Securities and Exchange Commission (SEC) has published in the Federal Register a notice relating to a proposed rule amendment by the Financial Industry Regulatory Authority (FINRA) – please see EventID 20492 in this context for more information. Specifically, **the Commission announced that it will launch proceedings „to determine whether „to approve or disapprove the proposed rule change, as modified by amendment No. ...
Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts
ID 24073
As previously announced by the Board of Governors of the Federal Reserve System (FED), the regulator has published in the Federal Register the finalized joint Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts. As noted before, the policy statement was jointly drawn up by the FED itself and several U.S. banking regulators including the Office of the Comptroller of the Currency ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 23986
The U.S. Securities and Exchange Commission (SEC) published in the Federal Register (FR) its decision to approve a proposed rule change requested by the Financial Industry Regulatory Authority (FINRA) with respect to the (non)application of FINRA’s Trading Activity Fee [TAF] towards certain proprietary trading firms. To recall, in view of the SEC’s intention to limit the proprietary trading exemption for U.S. brokers and dealers ...
Additional Guidance on the Transition From Interbank Offer Rates to Other Reference ...
ID 23962
The Internal Revenue Service (IRS) has published in the Federal Register a final regulation as regards the calculation of interest expenses attributable to excess liabilities in relation to U.S. business (income effectively connected (ECI)) for purposes of income taxation. Specifically, the IRS is now specifying that foreign banks may apply the one month Secured Overnight Financing Rate (SOFR) with a spread adjustment of 0,11448% ...
Large Trader Reporting Requirements
ID 23900
As previously agreed upon by members of the US Commodity Futures Trading Commission (CFTC) at the open meeting on June 7, 2023 (please see EventID 21565 for more information), the Commission is now launching a consultation on modifications to the large trader report under Statutory Instrument 17 CFR Part 17. In its newly published consultation document, the CFTC is suggesting to modernize the report ...