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Testimony, Hearing On H.R. The Swap Data And Clearinghouse Indemnification Correction Act Of 2012 Before The Subcommittee On Capital Markets And Government Sponsored Enterprises, Committee On Financial Services, United States House Of Representatives, CFTC General Counsel Dan M. Berkovitz

Date 21/03/2012

Good morning Chairman Garrett, Ranking Member Waters, and members of the Subcommittee. I am Dan Berkovitz, the General Counsel at the Commodity Futures Trading Commission. Thank you for the opportunity to testify today regarding draft legislation titled the Swap Data and Clearinghouse Indemnification Correction Act of 2012.

Federal Reserve Governor Daniel K. Tarullo, Regulatory Reform Before The Committee on Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C.

Date 21/03/2012

Chairman Johnson, Ranking Member Shelby, and other members of the Committee, thank you for the opportunity to testify on implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) and its international implications.

CFTC Revokes Registrations Of Richard Allan Finger, Jr. And His Company, Black Diamond Futures, LLC Based On Criminal Action

Date 21/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a Notice of Intent to Revoke the Registrations (Notice) of Richard Allan Finger, Jr. (Finger), a resident of Washington State, and Black Diamond Futures, LLC (Black Diamond), a Washington State limited liability company.

CBOE Holdings, Inc. Announces Date Of First-Quarter 2012 Earnings Release And Conference Call

Date 21/03/2012

CBOE Holdings, Inc. (NASDAQ: CBOE) will announce financial results for the first quarter of 2012 after the market closes on Tuesday, May 1, 2012. A conference call with remarks by CBOE Holdings, Inc. senior management will begin at 3:30 p.m. Central Time.  A presentation will be referenced during the call and will be available on the Investor Relations section of our website at www.cboe.com under Investor Relations, Events & Presentations.

DTCC Urges Congress To Pass Legislation To Prevent Fragmentation Of OTC Derivatives SWAPS DATA

Date 21/03/2012

The Depository Trust & Clearing Corporation (DTCC) today urged Congress to pass new bipartisan legislation to prevent fragmentation of global swaps data and ensure the highest degree of transparency into over-the-counter (OTC) derivatives markets.

Testimony By CFTC Chairman Gary Gensler Before The U.S. Senate Appropriations Subcommittee On Financial Services And General Government, Washington, DC

Date 21/03/2012

Good afternoon Chairman Durbin, Ranking Member Moran and members of the Subcommittee.  Thank you for inviting me to today’s hearing on the Commodity Futures Trading Commission’s (CFTC) fiscal year (FY) 2013 budget request.

“Market Madness” Speech Of CFTC Commissioner Bart Chilton Before The Exchequer Club, Washington, DC

Date 21/03/2012

Good afternoon.  It’s good to be with you today.  Thanks for having me and thanks especially to Bradley Edgell for the kind invitation.

AFME‐BBA‐ISDA Response To 1st ESMA‐Discussion Paper (Dated 16 February 2012): Draft Technical Standards For The Regulation On OTC Derivatives, CCPs And Trade Repositories.

Date 21/03/2012

The signatory associations welcome the opportunity to respond to the 1st ESMA Discussion Paper onEMIR.

The associations would like to underline their commitment to a safe and efficient OTC derivativesbusiness, and high regulatory standards for clearing houses. We support the direction of regulatorychange for both cleared and non‐cleared OTC derivatives, as evidenced by the progress made in theupgrade of industry infrastructure in recent years, e.g.

• 51% of the global interest rate swap market (which itself makes up over 80% of the grossnotional volume of the total OTC derivatives market) is now cleared;
• clearing and tear‐ups have reduced the gross notional value of the CDS market in excess of75% since its peak;
• trade repositories are established and operational ‐ or close to being operational – for all ofthe 5 main OTC derivatives asset classes, giving regulators increased visibility on risk in theOTC derivatives business.

Speech By SEC Commissioner Luis A. Aguilar: Why Seniors Are More Vulnerable Now As Targets For Financial Abuse

Date 21/03/2012

Delivered by Commissioner Aguilar’s Chief of Staff: Smeeta Ramarathnam

Thank you, Keith. It is my pleasure to be here today, on behalf of Commissioner Aguilar, to discuss serious concerns confronting investors when they are at their most vulnerable. Commissioner Aguilar asked me to convey his regrets that he is unable to be here in person, and he requested that I deliver this statement on his behalf. It is initiatives and dialogues like this one that are critical to highlighting the most vulnerable in need of help.

ISDA Statement On CFTC Final Rule On Customer Clearing Documentation, Timing Of Acceptance For Clearing, And Clearing Member Risk Management

Date 21/03/2012

Yesterday, the Commodity Futures Trading Commission’s (“CFTC”) adopted the final Customer Clearing Documentation, Timing of Acceptance for Clearing, and Clearing Member Risk Management rule (the “Final Rule”). The International Swaps and Derivatives Association (“ISDA”) fully endorses the use of central clearing to reduce systemic risk and agrees with the Commission that open access to clearing by market participants is a fundamental element of Dodd-Frank. We further agree that a principal goal should be to establish a clearing paradigm where, at the time of execution of a trade, as much certainty as possible that the trade will be accepted for clearing is provided to transacting parties.