UBS inherits Credit Suisse’s toxic swaps quietly. No margin rules triggered in hidden derivatives dump. CFTC bends rules to avoid systemic quake

via BossBlunts1: WHY THE CFTC NO-ACTION LETTER MATTERS It allows UBS to absorb toxic Credit Suisse swaps quietly — no clearing or margin requirements kick in. It shields these legacy exposures from public scrutiny. It suggests the risk is so large or complex, that the CFTC believes enforcing margin and clearing rules now could cause …

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Gut the SEC and CFTC

by Martin Armstrong No government agency will willingly surrender power once it is in their grasp. Every other nation has ONE REGULATORY body, yet the USA has the CFTC and the SEC, plus the Federal Reserve over banks. If you obey the laws of one, you go to jail with the other. This hurts American …

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SEC adopts amendments to enhance private fund reporting, including those also registered with the CFTC. The amendments enhance how large hedge fund advisers report investment exposures, borrowing, and counterparty exposure, among other aspects.

Source: https://www.sec.gov/files/rules/final/2024/ia-6546.pdf TLDRS SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC. The amendments to Form PF will enhance reporting by large hedge fund advisers on various aspects such as investment exposures, borrowing, counterparty exposure, risk metrics, and investment performance to improve insight into fund operations and strategies, and enhance …

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