The U.S. Treasury Department proposed exempting foreign exchange swaps and forwards from most of the derivatives rules required under the Dodd-Frank Act, saying the market already meets many of the law’s objectives.
BusinessWeek.com — Finance
Japanese Prime Minister Naoto Kan proposed a 4-trillion yen ($ 49 billion) extra budget that is likely to be the first of several packages to rebuild areas devastated by last month’s record earthquake and tsunami.
BusinessWeek.com — Finance
Japanese Prime Minister Naoto Kan proposed a 4-trillion yen ($ 49 billion) extra budget that is likely to be the first of several packages to rebuild areas devastated by last month’s record earthquake and tsunami.
BusinessWeek.com — Finance
The owners of WestLB AG won time to rescue the German lender after submitting two proposals to the European Commission aimed at securing the bank’s long-term health as it presses ahead with a restructuring plan.
BusinessWeek.com — Finance
The U.S. Securities and Exchange Commission proposed allowing trading in swaps among a small number of market participants to occur on new platforms established under the Dodd-Frank law.
BusinessWeek.com — Finance
The U.S. Securities and Exchange Commission proposed definitions to determine which firms will face higher capital and margin requirements under new rules for the $ 583 trillion over-the-counter swaps market.
BusinessWeek.com — Finance
The U.S. Securities and Exchange Commission proposed requiring hedge funds and private-equity funds to submit to inspections and new disclosure requirements, aiming to expand oversight as required by the Dodd-Frank law.
BusinessWeek.com — Finance
The U.S. Commodity Futures Trading Commission proposed a 15-minute delay for reporting prices of block trades of standardized swaps available on exchanges or so- called swap execution facilities.
BusinessWeek.com — Finance