Transparency, oversight and competition must be brought to the swaps market, Gensler says
U.S. regulator imposed more than US$585 million in sanctions in fiscal 2012
Alleged scheme accepted at least US$53 million from at least 960 clients worldwide
The final rule will phase in the clearing requirement based on the type of market participant entering into swaps
Rules aim to better protect client funds held by brokers
Approvals are another step in the establishment of a new U.S. regulatory regime for derivatives
Audit uncovers US$220 million shortfall at futures brokerage; Canadian clients do not appear to be affected
British bank agrees to pay US$400 million in penalties to U.S. and UK regulators
Regulator prohibits contracts proposed by Nadex
Royal Bank calls CFTC lawsuit “meritless”