WASHINGTON (Reuters) - Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities ...
WASHINGTON (Reuters) - The chairman of the U.S. House Financial Services Committee is seeking changes to draft legislation for the $450 trillion privately-traded ...
WASHINGTON (Reuters) - The House Agriculture Committee approved a bill on Wednesday for federal regulation of over-the-counter derivatives -- an Obama administration goal -- that would require many swaps to go through clearinghouses. Swaps that go through clearinghouses would be required to ...
Math is more than a little scary ScotiaMocatta, the Canadian commodities trader and subsidiary of the Bank of Nova Scotia, has asked regulators to approve plans for a fund that would take physical positions in copper. Credit Suisse Group AG is working ...
Big mining shares dog paddle, but smaller companies catch bids HOUSTON – Gold remains in a bullish technical environment as all over the world people are still in the mood to convert their sickly fiat currencies into precious metals, probably wishing they ...
WASHINGTON (Reuters) - U.S. securities and futures regulators asked Congress on Friday for more authority to police their markets, including legislation to help rein in insider trading in the commodity futures markets. Reeling from the worst financial crisis in decades, the Securities ...
SEC, CFTC propose changes to coordinate regulation as part of financial overhaul plan Two agencies with oversight of the financial markets on Friday proposed changes to eliminate their differences in regulating similar securities and futures investments. The recommendations to Congress on "harmonizing" ...
Successful New Orleans Investment Conference notes HOUSTON -- This special Got Gold Report is about the positioning of U.S. banks in gold and silver futures according to CFTC reports. We’ll get to that in a moment, but first: We’re back in Houston ...
WASHINGTON (Reuters) - U.S. securities and futures regulators are considering a joint enforcement squad to investigate and root out fraud in the markets, two sources familiar with the matter said on Thursday. The new squad would be made up of staff from ...
The whys and hows of regulation on derivatives adopted by House panel A House bill would impose new restrictions on a series of complicated financial transactions that had traded in private markets around the world without regulations. One type of these specialized ...
WASHINGTON (Reuters) - Congress's chief architect on financial regulation said on Wednesday companies that use derivatives to hedge risk would not be forced to comply with all the new rules for the $450 trillion private swaps market. House Financial Services Committee Chairman ...
WASHINGTON (Reuters) - Firms ranging from airlines to agribusiness would be exempt from new rules on compulsory clearing of derivatives transactions under a bill in Congress aimed at tightening oversight of the financial system. The draft bill from Representative Barney Frank, chairman ...
