A group of academics and financial industry players is calling on the U.S. Congress to reform the oversight of the over-the-counter derivatives markets based around regulated, international clearinghouses.In a letter to the Congressional committees in charge of financial industry regulatory reform in the US, the Committee on Capital Markets Regulation has proposed an approach to […]
CCMR report makes 57 recommendations to address system’s shortcomings
U.S. markets for exchange-traded derivatives are far more competitive globally than U.S. equity markets.
SIFMA welcomes report; Institutional investors group expresses concern
Warns of danger in falling behind best practices in shareholder rights