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swap dealer การใช้

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  • He also cited Merrill Lynch, Goldman Sachs and associations representing swaps dealers.
  • Swap dealers also used ISDAFIX to determine the market value of swap products.
  • Swaps dealers say the amount of transactions in Asia and the number of banks and brokers arranging that business is growing fast.
  • Subsequently, the CFTC passed regulations requiring swap dealers and major swap participants to register with the CFTC and become Members of NFA.
  • ISDA was initially created in 1985 as the International Swap Dealers Association and subsequently changed its name switching  Swap Dealers to  Swaps and Derivatives.
  • As of 2014 the CFTC oversees'designated contract markets'( DCMs ) or swap dealers, futures commission merchants, commodity pool operators and other intermediaries.
  • Under current law, federal assistance is not available to any swap dealer or major swap participant registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission.
  • During 2012, Keating voted in favor of 10 of 12 AFL-CIO backed bills, with the two opposing votes dealing with small business startups and swap dealer exclusions.
  • This in turn meant that changes in observed correlations on index tranches caused very large scale buying of CDS protection by swaps dealers during the financial crisis, increasing instability and illiquidity.
  • With Asia's swap business surging, governments are eager to prevent more derivatives-related bankruptcies, and swap dealers are eager to see a regulatory environment that permits the business to flourish.
  • Similarly, in 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which gave the CFTC rulemaking authority and oversight over swaps, swap dealers and major swap participants.
  • The guidelines are " a clear sign that the controller expects bank derivatives activities to keep growing, " said Mark C . Brickell, managing director at J . P . Morgan & AMP; Co ., and director of the International Swap Dealers Association, an industry trade association.
  • This prohibition does not apply to a major swap participant that is an insured depository institution ( IDI ) or an IDI acting as a swaps dealer for hedging purposes or for swaps involving bank-permissible securities . ( Such swaps include those that reference interest rates, currencies, government securities, and precious metals.
  • The Swaps Push-Out that ultimately passed as part of Dodd-Frank prohibited bank swap dealers ( with access to FDIC insurance or the discount window ) from dealing in certain swaps ( or security-based swaps ), including most credit default swaps ( CDS ), equity swaps, and many commodity swaps.
  • Enacting this legislation could affect direct spending and revenues if a change in swaps activity affects the financial stability of an IDI or other entity with access to assistance from the Federal Reserve and the FDIC . Because current law only affects IDIs that are swaps dealers and a small percentage of swap contracts, the CBO estimates that any changes to the net cash flows of either agency would be insignificant for the next 10 years.
  • Specifically it addressed which entity level and in some cases transaction-level requirements in six jurisdictions ( Australia, Canada, the European Union, Hong Kong, Japan, and Switzerland ) it found comparable to its own rules, thus permitting non-US swap dealers, major swap participants, and the foreign branches of US Swap Dealers and major swap participants in these jurisdictions to comply with local rules in lieu of Commission rules.
  • Specifically it addressed which entity level and in some cases transaction-level requirements in six jurisdictions ( Australia, Canada, the European Union, Hong Kong, Japan, and Switzerland ) it found comparable to its own rules, thus permitting non-US swap dealers, major swap participants, and the foreign branches of US Swap Dealers and major swap participants in these jurisdictions to comply with local rules in lieu of Commission rules.
  • However, both of them had delayed adoption of a number of derivatives regulations because of the burden of other rulemaking, litigation and opposition to the rules, and many core definitions ( such as the terms " swap, " " security-based swap, " " swap dealer, " " security-based swap dealer, " " major swap participant " and " major security-based swap participant " ) had still not been adopted.
  • However, both of them had delayed adoption of a number of derivatives regulations because of the burden of other rulemaking, litigation and opposition to the rules, and many core definitions ( such as the terms " swap, " " security-based swap, " " swap dealer, " " security-based swap dealer, " " major swap participant " and " major security-based swap participant " ) had still not been adopted.