The MSRB solicited applications for vacancies on its Board of Directors. Applications will be accepted through February 17, 2017.
News & Insights
ISDA CEO Scott O'Malia warned that there might not be sufficient time for dealers and their clients to meet the March 1, 2017 variation margin deadline for non-cleared derivatives.
The CFTC Division of Swap Dealer and Intermediary Oversight granted certain CPOs exemptive relief from requirements to obtain participant waivers. The relief allows the CPOs to provide unaudited financial statements in conjunction with Annual Reports when liquidating a series of an SEC-registered investment company.
Deutsche Bank AG agreed to pay a $425 million fine and hire an independent compliance monitor to settle New York Department of Financial Services charges alleging that traders in a Moscow affiliate of the bank conducted a money laundering "mirror-trading" scheme.
The Board of Governors of the Federal Reserve System adopted a final rule to revise the capital plan and stress test requirements for bank holding companies with total consolidated assets ranging between $50 billion and $250 billion, on-balance sheet foreign exposure of less than $10 billion and nonbank assets of less than $75 billion.