Recent remarks to the International Swaps and Derivatives Association (ISDA) by Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), provide an interesting overview of recent and forthcoming regulation in the securities-based swap market.
The US Securities and Exchange Commission (SEC) proposes to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC) provided a range of comments on newly introduced US OTC swaps disclosure rules to the American Bar Association Derivatives and Futures Law Committee last week.
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