CSA has proposed a new instrument aimed at ensuring the clearing of customer OTC derivatives transactions will be carried out in a manner that protects customers’ collateral and positions and improves clearing agencies’ resilience to default by a clearing intermediary.
A look at how taking short positions can protect bond portfolios against interest rate risk.
Reasons include efficient access to markets, and helping to hedge exposures
Rules for registering as a B.C. investment fund manager would change under proposed national securities rules, says law firm Gowlings.
Members of the Canadian Securities Administrators (CSA) have published for comment Proposed National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives.
CSA today published for comment CSA Consultation Paper 92-401 Derivatives Trading Facilities. The paper proposes a framework for regulating facilities that bring together multiple buyers and multiple sellers of OTC derivatives. It also proposes that OTC derivatives that meet certain criteria may be required to trade exclusively on such regulated facilities.
Deutsche Bank has been ordered to pay a $3-million fine by the CFTC.
There’s still plenty of downside in this market, but options can protect clients
The OSC has published for a 30-day comment period the applications by the Chicago Mercantile Exchange Inc., DTCC Data Repository (U.S.) LLC and Ice Trade Vault, LLC for designation as trade repositories in Ontario.
It provides guidance on the new regulatory framework in the U.S. and European Union