Clearinghouse Fined $20M for Violating Standards
Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
Libor’s Phase-Out: 3 Ways to Prepare
Derivatives and hedge accounting, intercompany loans, valuation models — all will be affected by the shift away from Libor.
Global Finance Watchdog Warns Banks on Debt Risk
A Financial Stability Board report finds post-crisis reforms have reduced the likelihood of future crises.
JPMorgan Fined $65M Over ISDAFix Rigging
The CFTC says the bank's traders "openly joked about" their efforts to manipulate the global benchmark for interest rate products.
Cboe Unveils Hedge for Corporate Bond Risk
The new index futures are "expected to provide liquid hedging vehicles for institutional investors with exposure to U.S. corporate debt."
Sizing Up the New Hedge Accounting Rules
Companies should start preparing soon for the changes slated to take effect in late 2018.
Basel Committee Relaxes Bank Funding Rule
Global banking regulators want to take some of the sting out of the net stable funding ratio.
New Hedging Rules Will Cut Reporting Costs: FASB
The new accounting standards update drops a requirement that companies must measure and report “hedge ineffectiveness.”
SEC Approves Quadruple-Leveraged ETFs
A critic of the SEC's move says it is "the latest in what has become the story of the ETF product development run amok."
Private Firms Loving FASB Breaks on Interest-rate Swaps
But the hedge accounting alternative may give the biggest private companies an unfair edge on public company competitors.
A Window Into the Swaps Market
The SEC approves rules that require security-based swap trades to be reported publicly within 24 hours.