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Gary Gensler

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  • WASHINGTON, April 8- A U.S. Senate panel on Tuesday approved Timothy Massad as the next chairman of the Commodity Futures Trading Commission and two other commissioners to head the swaps and futures markets watchdog. The only nominee to draw a "no" vote, from Senator Thad Cochran of Mississippi, was Sharon Bowen, a partner at law firm Latham& Watkins in New York.

  • WASHINGTON, April 7- Four U.S. lawmakers launched a bill on Monday to rewrite the rules of of the Commodity Futures Trading Commission, giving more leeway to smaller players in the derivative markets it oversees.

  • WASHINGTON, March 6- Three nominees to head the U.S. derivatives regulator met little pushback in the Senate on Thursday as the agency heads into quieter waters after the departure of Gary Gensler, the former chief who was deemed overly aggressive by big banks and other critics.

  • The $1.1 trillion spending bill unveiled by the U.S. House of Representatives and Senate would allot the U.S. Securities and Exchange Commission $1.35 billion for the fiscal year ending Sept. 30, 2014, a figure the agency said "falls far short of what we need to fulfill our responsibilities."

  • The $1.1 trillion spending bill unveiled by the U.S. House of Representatives and Senate would allot the U.S. Securities and Exchange Commission $1.35 billion for the fiscal year ending Sept. 30, 2014.

  • Since hedge fund portfolios often include at least some derivatives trading, industry experts warn that fund sponsors may be reluctant to take advantage of the SEC's new relaxed advertising rules for fear of running afoul of the CFTC's regulations. This is really language that is very clearly tied to the SEC's standards.

  • WASHINGTON, Jan 3- As Gary Gensler wraps up his last day as the head of the U.S. Commodity Futures Trading Commission on Friday, he leaves behind a long list of ardent admirers of his tough-nosed reforms and passionate critics who believe he has injured well-functioning markets.

  • WASHINGTON, Dec 20- The United States granted foreign banks a reprieve on Friday from some of its new rules for risky derivatives, putting itself on a collision course with overseas regulators who want more reliance on home-country rules.

  • WASHINGTON, Dec 20- The United States is on a collision course with regulators abroad as it plans to force foreign banks to comply with a host of new rules for risky derivatives, two sources close to the European Union said on Friday.

  • LONDON, Dec 20- The incoming chairman and new members of the U.S. Commodity Futures Trading Commission will inherit an agency that has been severely demoralised by overwork, defeats in court, infighting among the commissioners and severe criticism from the futures industry.

  • WASHINGTON, Dec 16- The U.S. derivatives regulator on Monday said Commissioner Mark Wetjen would bridge a leadership gap at the agency just as it starts to oversee the $630 trillion swaps market for the first time.

  • WASHINGTON, Dec 4- Three Wall Street trade groups sued the U.S. Commodity Futures Trading Commission on Wednesday to rescind tough overseas trading guidelines they fear could hurt markets and cut profits.

  • WASHINGTON, Dec 3- Wall Street banks will get the final decision about a controversial ban on betting with their own money next week after years of debate, as three U.S. regulators each announced meetings to vote on the Volcker rule.

  • WASHINGTON, Dec 3- The U.S. swaps regulator said on Tuesday it plans to vote on the Volcker rule next week, giving Wall Street banks clarity about the controversial ban on betting with their own money after years of debate.

  • Five agencies, including the SEC, three banking regulators and the Commodity Futures Trading Commission, are all trying to put the finishing touches on the rule and hope to vote on it in December, people familiar with the matter have said.

  • *SEC mulls rules to strip out credit-rating references. Besides the voluminous Volcker rule, the SEC is reviewing other proposals and final rules touching everything from credit ratings and asset-backed securities to private securities offerings and derivatives, several people told Reuters.

  • *SEC mulls rules to strip out credit-rating references. Besides the voluminous Volcker rule, the SEC is reviewing other proposals and final rules touching everything from credit ratings and asset-backed securities to private securities offerings and derivatives, several people told Reuters.

  • WASHINGTON, Nov 20- U.S. regulators are considering whether to give banks more time to comply with the Volcker rule, which bans them from gambling with their own money, Federal Reserve Vice-Chair Janet Yellen said in a Nov. 18 letter.

  • "As it considers the merits of adopting a final rule, the Board will also consider the public interest in granting an extension of the conformance period," Yellen wrote to Mike Crapo, the ranking Republican on the Senate Banking Committee.

  • NEW YORK, Nov 18- The U.S. swaps watchdog is preparing to adopt the Volcker rule, which bans banks from gambling in financial markets with their own money, but has yet to reach agreement with four other agencies working on the provision, the agency's head said on Monday.

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