DSIO Archives - The Industry Spread

Head of CFTC’s Swap Dealer’s Division Lays out Project Kiss Vision

May 17, 2019

There is much more work to be done. This includes, as discussed by Mike Gill, the Chairman’s Chief of Staff, at the National Press Club in February 2018,]simplifying risk management rules for FCMs and SDs, by providing a more effective programmatic risk management system, and modifying quarterly risk reporting obligations.

Giancarlo Releases Letter to Quarles on Phase Five Implementation

May 7, 2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo sent a letter to Federal Reserve Board Vice Chairman Randal K. Quarles concerning Phase Five implementation requirements for initial margin on uncleared swaps, scheduled for September 2020.

CFTC Staff Provides Further Brexit-Related Market Certainty

April 9, 2019

The Commodity Futures Trading Commission’s (CFTC) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Market Oversight (DMO), and Clearing and Risk (DCR), today announced they will grant no-action relief to provide greater Market Certainty to the global marketplace in connection with the anticipated withdrawal of the United Kingdom of Great Britain and Northern Ireland (UK) from the European Union (EU) with or without a ratified withdrawal agreement (Brexit).