By Mike TaylorPublished: September 1 2010 New York Observer
At the 410th meeting of the Economic Club of New York at the Sheraton on 811 7th Avenue this afternoon, Securities and Exchange Commission chairman Mary Schapiro discussed her agency's scrutiny of the May 6 "Flash Crash," what she hoped to do to prevent another Bernie Madoff from fleecing investors, and the delicate balance between implementing necessary financial reform legislation and allowing markets to operate efficiently.
full article
(free)
By Roberta RamptonPublished: September 7 2010 Reuters
The fight over who gets to be a swaps execution facility, or SEF, is shaping up to be one of the most contentious aspects for implementing the swaps portion of the new Wall Street reform law.
full article(free)
By Patrick AllenPublished: September 6 2010 CNBC
"No one" will escape sensible and intelligent regulation and supervision in the financial sector, Michel Barnier, the European Union Commissioner for financial services has warned in an interview.
full article(free)
By Richard RaeburnPublished: September 6 2010 FT
Sir, The draft European regulatory approach to derivatives now addresses the flaws of the original proposals and is broadly convergent with Dodd-Frank in the US.
full article(free)
By Rachel Sanderson and James Blitz
Published: September 5 2010 FT
“No one will escape” tighter financial supervision in the European Union in the future, warned the bloc’s Internal Market Commissioner, even as he attempted to reassure the industry to “remain calm” over the new regulatory regime.
full article(free)
By Damian Paletta and Victoria McGranePublished: September 6 2010 WSJ
Banks, companies and trade associations challenged federal regulators Friday over the controversial question of how to regulate derivatives under the new Dodd-Frank financial revamp, the first big day of posturing since the law was enacted last month.
full article
(subscription)
By Jacob BungePublished: September 3 2010 Nasdaq.com
Senior brokerage firm executives warned Friday that new rules for over-the-counter derivatives trading only maintain the status quo for major banks and don't resolve issues that played into the 2008 financial crisis.
full article(free)
Published: August 31 2010 Boston.com
France on Tuesday called for stricter European rules on commodity derivatives trading, part of its push for tighter global financial regulation as it prepares to chair the Group of 20 summits of rich and developing nations later this year.
full article(free)
By Joshua ZumbrunPublished: September 3 2010 Bloomberg
Federal Reserve Bank of Chicago President Charles Evans said that central clearinghouses for derivative trading could become failure risks.
full article(free)
By David Lawder and Dave ClarkePublished: September 1 2010 Wall Street and Technology
U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers.
full article(free)