CME to clear certain OTC agricultural swaps
Felix Shipkevich - March 24, 2009CFTC grants CME permission to clear OTC corn basis swaps and corn, wheat, and soybean calendar swaps. It will also allow CME and FCMs clearing through CME to commingle positions in those cleared-only OTC swaps and associated funds with positions and funds otherwise required to be held in customer segregated accounts.
MAS signs MoU with CBUAE
Felix Shipkevich - March 24, 2009The Monetary Authority of Singapore has signed a Memorandum of Understanding with the Central Bank of the United Arab Emirates, which purports to pave the way for information sharing between the two central banks and to strengthen the supervision of financial institutions under their purview.
“Office of the Whistleblower” created
Felix Shipkevich - March 5, 2009FINRA’s new Office of the Whistleblower will process high risk tips. The agency’s Front End Cause Unit will still handle the thousands of routine regulatory tips and customer complaints it recieves each year.
