VIDEO: Recordkeeping Requirements Under Dodd-Frank Pam Brown of Chatham Financial discusses how the recordkeeping requirements implemented by the U.S. Commodity Futures Trading Commission (CFTC) as a result of the Dodd-Frank Act affect end-users in the OTC derivatives market. In addition, she explains how clients use ChathamDirect to maintain compliance with this regulatory requirement. window._wq = window._wq || []; _wq.push({ id: '14ftj61lp2', onReady: function(video) { video.bind('play', function() { Munchkin.munchkinFunction('visitWebPage', { url: '/video/14ftj61lp2', params: 'video=started' }) }); video.bind('end', function() { Munchkin.munchkinFunction('visitWebPage', { url: '/video/14ftj61lp2', params: 'video=finished' }) }); }}); Recordkeeping What is it? A requirement to report and keep records of relevant data for all swap transactions. All swap counterparties – including end users – must keep records of their derivatives transactions. As for reporting, the CFTC requires that one of the two counterparties to a swap must report the data to…

Read More...

The Uneven Global Playing Field of OTC Derivatives Reform June 2012, Risk Professional By Pam Brown Pam Brown discusses divergent regulations that are being adopted in the US and Europe which may significantly impact counterparty risk, liquidity and capital requirements. Download Complete Article Now

Read More...