On September 1st, 2016 the CFTC issued a No Action Relief Letter that extends the date that the CFTC will enforce compliance with Non-Cleared Swaps Collateralization.

This regulation will impact all entities that transact in swap transactions.

On Tuesday, October 3 a jury convicted Michael Coscia of six counts of commodities fraud and six counts of “spoofing” commodities markets. This ruling has sweeping ramifications for market participants, including traders and hedgers.

Commercial entities, as well as, Financial Institutions will be impacted by new margin requirements for uncleared swaps. Most will fare better than expected. However, there are some facts organizations that transact in Swaps need to know.

A funny thing happened on the journey to compliance with Dodd-Frank regulations. Regulators are relentlessly honing in on existing market manipulation regulations. Particularly, investigations and actions related to Wash Trading and Spoofing.

On August 18th, 2015 the CFTC proposed sweeping revisions on how “cleared swaps” will be reported. Proposed Part 45 revisions aim to improve data integrity, reduce reporting redundancies and create a more efficient reporting process.

Welcome to Pivotal Risk Advisors, a new networked boutique consultant focused on helping companies engaged in energy, commodity and related financial markets unlock latent value. While engaged with clients as a network of independent consultants and vendors, it occurred to us that there is a need in industry. There is a large gap in depth and… Read More