Page 9 - Dan Berkovitz News Today

POLITICO Get the Global Translations newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Send your tips and thoughts: [email protected], or The International Monetary Fund and World Bank virtual spring meetings are now under...

Article content WASHINGTON — The Commodity Futures Trading Commission (CFTC), the top U.S. swaps regulator, should reverse its loosening of oversight of family offices, a Democratic commissioner said on Thursday in response to the blowup of Archegos Capital. The downfall of the family office run by former Tiger Asia manager Bill Hwang triggered billions in potential losses for global banks. Archegos, free from regulatory scrutiny, had amassed large positions in stocks, including ViacomCBS, us...

USA-MARKETS/BLOCKTRADES-CFTC/:U.S. swaps regulator should tighten oversight of family offices -official

There is broad agreement that the capital markets have been distorted but less consensus on what, if anything, the S.E.C. should do about it.

The Centerpiece Battle Over Financial Reform Remains Unsettled The choice of comptroller of the currency will help demonstrate which wing of the Democratic Party will wield influence in the Biden administration. Graeme Sloan/Sipa USA via AP Images Along with the Federal Reserve, the OCC is one of the nation’s top financial regulators, with direct authority over national banks. An epic fight between the progressive wing of the Democratic coalition and the Wall Street wing is playing out ove...

Rostin Behnam Named Acting Chair of U.S. Derivatives Regulator Jan 22 2021, 7:36 AM January 22 2021, 3:49 AM January 22 2021, 7:36 AM (Bloomberg) -- Rostin Behnam, a Democratic member of the U.S. Commodity Futures Trading Commission, will serve as acting chair of the derivatives regulator until the Senate confirms President Joe Biden’s permanent nominee. (Bloomberg) -- Rostin Behnam, a Democratic member of the U.S. Commodity Futures Trading Commission, will serve as acting chair of the der...

CFTC chair steps down, academic Chris Brummer in lead to replace him: sources 01/21/2021 | 05:25pm EDT Send by mail : Message : Required fields WASHINGTON (Reuters) - Heath Tarbert stepped down as Commodity Futures Trading Commission (CFTC) chair on Thursday, with Georgetown University academic Chris Brummer emerging as a leading candidate to replace him, according to three people with knowledge of the discussions. The White House is expected to make a decision on that and other financial r...

Rostin Behnam “I want to express gratitude to President Biden for the opportunity to serve in this capacity,” Behnam said in a press release. The move comes amid a wave of acting appointments at U.S. regulators while Biden’s picks to lead each agency await Senate confirmation. The newly inaugurated president has yet to announce a nomination to head the CFTC; Reuters reported Thursday that Georgetown University academic Chris Brummer is a leading candidate. During his commissioner tenure, ...

Exclusive: Georgetown University academic Chris Brummer in lead for CFTC chair - sources By Jarrett Renshaw, Karen Brettell and Michelle Price Reuters WASHINGTON (Reuters) - Georgetown University academic Chris Brummer has emerged as the leading candidate to chair the Commodity Futures Trading Commission (CFTC), according to three people with knowledge of the matter. The White House is expected to make an announcement on that and other financial regulator roles soon, one of the people said....

4 Min Read WASHINGTON, Dec 10 (Reuters) - Heath Tarbert will resign as chair of the U.S. derivatives market regulator early next year when Democratic President-elect Joe Biden designates an acting agency head, ensuring a “smooth transition,” he told Reuters in an exclusive interview. A former corporate attorney and senior Treasury Department official, Tarbert was nominated by President Donald Trump to be both chair and one of five commissioners at the Commodity Futures Trading Commission (C...