News Centre

CFTC Chairman Tarbert To Speak At LA Blockchain Summit

Date 06/10/2020

ISDA And REGnosys Win G-20 TechSprint For Regulatory Reporting

Date 06/10/2020

ISDA and fintech firm REGnosys have won the regulatory reporting category in the G-20 TechSprint, a virtual hackathon organized by the Saudi presidency of the Group-of-20 (G-20) nations and the Bank for International Settlements Innovation Hub.

Supporting Statement From CFTC Commissioner Brian Quintenz On Final Rule To Amend Compliance Requirements For Commodity Pool Operators On Form CPO-PQR

Date 06/10/2020

I support today’s final rule that would simplify and streamline the reporting obligations of commodity pool operators (CPOs) on Form CPO-PQR.  The Commission first adopted Form CPO-PQR in 2012 and closely modeled the form on Form PF.  The Commission adopted the Form of its own volition; unlike Form PF, which is specifically mandated by the Dodd-Frank Act, there is no similar statutory directive requiring the adoption of Form CPO-PQR.[1]  In my opinion, since its adoption, the detailed information requested on Form CPO-PQR has not significantly enhanced the Commission’s oversight over CPOs and has never been fully utilized by staff.  I have long questioned the Commission’s need to know the litany of data requested on the Form.

Purdue University/CME Group Ag Economy Barometer Rises As Crop Prices Rally And USDA Announces CFAP 2

Date 06/10/2020

Farmer sentiment hit a post pandemic high in September, according to the Purdue University/CME Group Ag Economy Barometer. The index rose to a reading of 156, up 12 points from August and up 60 points from its 2020 low in April. The Current Conditions Index also saw an uptick, jumping 18 points to a reading of 142 in September, and the Future Expectations Index rose 9 points to a reading of 163. The Ag Economy Barometer is based on survey responses from 400 U.S. agricultural producers and was conducted between September 21-25, 2020.

Supporting Statement Of CFTC Commissioner Dan M. Berkovitz Regarding MOU With the Office Of Financial Research

Date 06/10/2020

I support the Memorandum of Understanding (MOU) with the Office of Financial Research (OFR) to share data collected by the Commission on Form CPO-PQR.

Statement Of CFTC Commissioner Dan M. Berkovitz Regarding Form CPO-PQR Reporting Requirements For Commodity Pool Operators: Final Rule

Date 06/10/2020

I am voting for the final rule to amend Regulation 4.27 and Form CPO-PQR (Final Rule).  This Final Rule makes adjustments to the reporting requirements for Commodity Pool Operators (CPOs) and their pools based on lessons learned over several years since the requirements were first adopted.

Statement Of CFTC Chairman Heath P. Tarbert In Support Of Revising Form CPO-PQR

Date 06/10/2020

When the Commission considered the proposed rule to amend the compliance requirements for commodity pool operators (CPOs) on Form CPO-PQR,  I observed that the esteemed 19th century mathematician Charles Babbage had asked “if you put into the machine the wrong figures, will the right answers come out?” Baggage foresaw what would evolve in the 20th century as the “garbage-in, garbage-out” predicament—that is, the concept that flawed, or nonsense, input data produces nonsense output or “garbage.” 

Committee To Chart The Future Of Corporate Governance In Canada - TMX And ICD Launch Initiative To Update Corporate Governance Guidance In An Era Of Profound Change

Date 06/10/2020

Today's Canadian companies face a profound and expansive new set of risks, challenges and opportunities in the modern operating environment, including pandemics, climate change, the rapid emergence of advanced new technologies and artificial intelligence, as well as changing societal expectations of the role of the corporation. To help navigate these challenges now and into the future, TMX Group* and the Institute of Corporate Directors (ICD) have established The Committee on the Future of Corporate Governance in Canada to provide updated guidance on corporate governance. The work of the Committee comes more than 25 years since the Toronto Stock Exchange Committee on Corporate Governance (commonly known as The Dey Report) published guidelines that continue to act as the foundation for Canadian public company board governance today. That work was in response to new demands being placed on corporations in light of a series of corporate failures. Today's demands are fundamentally different, warranting this new effort.

ACER Consults On Products That Can Be Taken Into Account In Day-Ahead Coupling

Date 06/10/2020

The European Union Agency for the Cooperation of Energy Regulators (ACER) launches today a public consultation on the proposal on products that can be taken into account in day-ahead coupling made by all Nominated Electricity Market Operators (NEMOs). 

Recent Economic Developments And The Challenges Ahead, Federal Reserve Chair Jerome H. Powell At The National Association For Business Economics Virtual Annual Meeting

Date 06/10/2020

Good morning. It has been just eight months since the pandemic first gained a foothold on our shores, bringing with it the sharpest downturn on record, as well as the most forceful policy response in living memory. Although it is too early for definitive conclusions, today I will offer a current assessment of the response to the economic fallout of this historic event and discuss the path ahead.