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  • Statement Of CFTC Commissioner Christy Goldsmith Romero On Proposed Rule On Cybersecurity Incident Reporting - Proposal For Expanded Cybersecurity Incident Notification

    Date 10/11/2022

    I support the Commission considering expanding requirements for clearing house notifications to the CFTC of cybersecurity incidents and clearing system malfunctions.  The proposal is informed by the CFTC’s experience, which involves around 120 recent reportable events, in addition to some clearing houses who have not reported cybersecurity incidents and clearing system malfunctions as required.  I look forward to public comment on whether the proposed rule will be sufficient to hold clearing houses accountable for reporting delays or failures.  I also look forward to public comment on whether the proposed rule sufficiently adapts to the ever-evolving cybersecurity threat landscape and adequately addresses changing technologies and risks, including those related to cryptocurrencies.

  • Statement Of CFTC Commissioner Kristin N. Johnson In Support Of Proposed Order And Request For Comment On Mexican Capital Comparability Determination

    Date 10/11/2022

    I support the Commission’s issuance of the Notice of Proposed Order and Request for Comment (Notice of Proposed Order and Request for Comment) on the Application for the Capital Comparability Determination submitted on behalf of Nonbank Swap Dealers subject to Regulation by the Mexican Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission).  The application of the nonbank swap dealers Morgan Stanley Mexico, Casa de Bolsa, S.A. de C.V.; Goldman Sachs Mexico, Casa de Bolsa, S.A. de C.V.; and Casa de Bolsa Finamex, S.A. de C.V. (Mexican nonbank swap dealers) domiciled in Mexico and subject to regulation by the Mexican Banking and Securities Commission seeking a capital comparability determination for Mexican nonbank swap dealers is the second proposed order and request for comment to come before the Commission since it adopted its substituted compliance framework for non-U.S. domiciled nonbank swap dealers in July 2020.

  • CFTC Commissioner Goldsmith Romero To Participate In A Fireside Chat At The 2022 Federal Reserve Bank Of Chicago Financial Markets Group Fall Conference

    Date 10/11/2022

    WHAT:

    Commissioner Christy Goldsmith Romero will participate in a Fireside chat at the 2022 Federal Reserve Bank of Chicago Financial Markets Group Fall Conference.

    WHEN:

     

    Wednesday, November 16, 2022

    1.45 p.m. – 2:15 p.m. (CST)
    2:45 p.m. – 3:15 p.m. (EST)

    WHERE:

     

     

    Sheraton Grand Chicago Riverwalk
    301 E. North Water St.
    Chicago, IL, 60611

    More Information here: 2022 Federal Reserve Bank of Chicago Financial Markets Group Fall Conference

  • SEC Charges Pharmaceutical Co. Chief Information Officer In $8 Million Insider Trading Scheme

    Date 10/11/2022

    The Securities and Exchange Commission today announced insider trading charges against Ramkumar Rayapureddy, Chief Information Officer of pharmaceutical company Viatris Inc., which was formerly known as Mylan N.V.

  • CFTC Approves A Proposed Rule And A Proposed Order And Request For Comment

    Date 10/11/2022

    Today, the Commodity Futures Trading Commission voted to advance two proposals. The first is a proposed rule on reporting and information requirements for derivatives clearing organizations (DCOs). The second is a proposed order and a request for comment on an application for a capital comparability determination submitted on behalf of nonbank swap dealers subject to regulation by the Mexican Comision Nacional Bancaria y de Valores.