Gary Gensler

WASHINGTON, May 16- Big banks won key concessions in the battle over who dominates the $630 trillion derivatives markets as the top U.S. regulator adopted watered-down rules to bring swaps onto exchange-like trading platforms.

WASHINGTON, May 16- Big banks are set to gain key concessions as the top U.S. derivatives regulator meets to vote on watered-down rules for swap trading that will chip away at Wall Street's dominance of the $630 trillion market.

*BP, Shell, Statoil are being probed. LONDON/ OSLO, May 14- European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal.

WASHINGTON, May 2- Depository Trust& Clearing Corp sued the top U.S. derivatives regulator over the way it has allowed two DTCC rivals to gather potentially lucrative swap trading data.

*SEC cross-border plan seen as less aggressive than CFTC's. *SEC says its plan represents a middle ground. The SEC and another regulator, the Commodity Futures Trading Commission, won broad new powers in the 2010 Dodd-Frank Wall Street reform law to police the $640 trillion derivatives market, which was then largely unregulated.

"The staff is hopeful that the proposal will advance the dialogue with fellow regulators across the globe and move us all toward a pragmatic middle ground solution to cross border issues," SEC spokesman John Nester said.

"The staff is hopeful that the proposal will advance the dialogue with fellow regulators across the globe and move us all toward a pragmatic middle ground solution to cross border issues," SEC spokesman John Nester said.

WASHINGTON, May 1- The Securities and Exchange Commission proposed new rules on Wednesday for the over-the-counter derivatives business of foreign banks, with the U.S. regulators saying they hoped the plan could provide a road map to resolve a brewing international conflict over how to regulate the $640 trillion market.

WASHINGTON, May 1- The Securities and Exchange Commission proposed new rules on Wednesday for the over-the-counter derivatives business of foreign banks, with the U.S. regulators saying they hoped the plan could provide a road map to resolve a brewing international conflict over how to regulate the $640 trillion market.

Bart Chilton, one of the CFTC's five commissioners and an often outspoken Democrat, said a fee of 0.06 cent on each futures trade could generate revenue of $300 million for the cash-strapped regulator.

WASHINGTON, April 30- The phony tweet from the Associated Press' hacked Twitter account, which sparked a short-lived panic in the stock market a week ago by saying that President Barack Obama was injured in two explosions at the White House, underscored the need to look at regulating automated trading, the top U.S. derivatives regulator said on Tuesday.

The SEC will also extend the comment period for all of its other pending derivatives proposals so the industry can see how they all fit together with the cross-border plan. The 2010 Dodd-Frank Wall Street reform law gave the SEC and CFTC broad new powers to police the $640 trillion over-the-counter derivatives market.

WASHINGTON, April 24- A top U.S. lawmaker urged regulators to tighten the rules for swaps trading at foreign offices of U.S. banks, stepping into a simmering global conflict over how to supervise the $650 trillion derivatives market.

WASHINGTON, April 24- The world's largest futures exchange has accused the top U.S. derivatives regulator of illegally sharing sensitive market data with outside researchers who then used the information to publish academic papers about high-frequency trading.

LONDON, April 22- Two interest rate benchmarks that banks were fined for rigging should be scrapped and replaced by indicators based on market transactions, a top U.S. regulator said on Monday. The changes should also include benchmarks linked to gold, oil and other commodities, said Gary Gensler, chairman of the Commodity Futures Trading Commission said.

MADRID/ LONDON, April 16- Global benchmark interest rates should be based on actual transactions rather than estimates, the top global securities regulatory body said on Tuesday, after a spate of rate-rigging scandals knocked confidence in the system.

MADRID, April 16- Global benchmark interest rates should be based on actual transactions rather than estimates, the top global securities regulatory body said on Tuesday, after a spate of rate-rigging scandals. Last year UBS paid a fine of $1.5 billion for manipulating Libor and euroyen contracts and Barclays paid $450 million for false fixing of Libor.

NEW YORK, March 13- The top U.S. derivatives regulator has started internal discussions on whether the daily setting of gold and silver prices in London is open to manipulation, the Wall Street Journal reported, citing people familiar with the situation.

BOCA RATON, Fla., March 13- Gary Gensler declined to comment on reports that he would serve a second term at the head of the top U.S. derivatives regulator, to see it through the final phase of its Wall Street reform effort. President Barack Obama asked Gensler to remain at the helm of the Commodity Futures Trading Commission.