Swaps Cop Massad Will Step Down, Letting Trump’s CFTC Take Shape
Regulator drew criticism for pushing rules as term neared end; move eases risk of panel’s Democrats outnumbering Republicans.
Dodd-Frank requirements could lower insurers' exposures
Title VII could improve insurers' risk management processes and could better ratings.
Barney Frank Introduces Bill to Merge SEC and CFTC
Frank, who introduced the legislation with Rep. Mike Capuano, D-Mass., said that "now that the basic policies have been adopted to cover security and derivatives regulation, we can focus on the structural issue” of merging the two agencies.
SIFMA’s Ryan Renews Dodd-Frank Support but Scoffs at Volcker Rule
“No one can be happy with where reform stands,” said Ryan on Tuesday at SIFMA's annual meeting in New York. Chairman Chet Helck spoke about the emotional side of the beleaguered finance industry.
Swaps Exemptions for Insurers Upheld by CFTC
Federal regulators are supporting the insurance industry in its request for an exemption from the new regulatory regime for complex derivatives called “swaps,” which are mandated by the Dodd-Frank financial services reform law.