ISDA CEO Scott O'Malia called for specific changes to the current credit valuation adjustment capital framework, criticizing the capital requirements for not being appropriate or risk-sensitive.
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The Department of the Treasury and the Federal Housing Finance Agency agreed to modifications in Preferred Stock Purchase Agreements for Fannie Mae and Freddie Mac.
A Boston-based company settled potential civil liability on behalf of three of its current and former subsidiaries for alleged violations of the Cuban Assets Control Regulations.
A Luxembourg-based global agribusiness and a Minnesota-based global agribusiness settled separate CFTC charges for failing to comply with certain reporting obligations.
A proprietary trading firm and its founder settled CFTC charges for spoofing.