Monthly Archives: August 2011

The Inside Story of Why the CFTC Hates the FIA-ISDA Cleared Derivatives Execution Agreement

I have been meaning to write a post about the FIA-ISDA Cleared Derivates Execution Agreement since it was first published back in June of this year.  Originally I was going to do an analytical piece where I walked you through … Continue reading

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Gary Barnett appointed to run CFTC’s new swap dealer division

See the press release here:  http://www.cftc.gov/PressRoom/PressReleases/pr6095-11.html   Congratulations Gary! Best, Noah  

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New Subscriber Automatic Update Functionality

I know the blog indicates that if you subscribe you will receive automatic updates. Unfortunately, up until now that has not actually been true–it was more aspirational than factual. Now, however, I have installed a plugin which should actually provide … Continue reading

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SPAM in the comments

Due to a high number of spam posts in the comments I have installed a new plugin called CAPTCHA.  This plugin requires that commenters type in some letters that appear on the screen in a highly stylized fashion, which “bots” … Continue reading

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The Derivatives Gestapo is at it again…

As some of you may recall, when the European Parliament called for a ban on naked CDS on European sovereign debt I wrote a lengthy piece explaining why such a ban would achieve nothing, and could in fact have unanticipated … Continue reading

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Agricultural Swaps: The CFTC Finally Gets One Right

The CFTC published in today’s Federal Register a final rule applicable to agricultural swaps, which will become effective on December 31st of this year.  Commodity options will  be dealt with under a separate rulemaking (no explanation for why was provided). … Continue reading

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STOP TRYING TO FIND A SCAPEGOAT PLEASE!!! JUST BECAUSE PEOPLE LOST MONEY DOESN’T MEAN THERE WAS ANY WRONGDOING!!!

In yesterday’s New York Times there is a ridiculous piece trying to call into question the efficacy of the SEC on the basis of the fact that many of its employees come from Wall Street.  It names Adam Glass as having … Continue reading

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