BNP Paribas personnel deliberately traded to move the ISDAfix benchmark in a direction at the precise time it was being set, says the CFTC.
Shorting premium Treasury bonds helps companies deduct unused capital losses while providing protection against rising interest rates.
"Establishing margin requirements for non-cleared swaps is one of the most important reforms of the Dodd-Frank Act," said the FDIC chair.
Understanding foreign exchange risk in the context of enterprise risk management enables finance chiefs to avoid overhedging their forex risks.
The SEC approves rules that require security-based swap trades to be reported publicly within 24 hours.
