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Derivatives Trading Forum: Regulatory Change, April 28, 2021, Opening Remarks, Scott OâMalia, Chief Executive Officer, ISDA Date
28/04/2021
Hello everyone, and welcome to the Derivatives Trading Forum. Thank you for joining us today, and thanks to our sponsors, Tradeweb and Quantile.
This is the first in a series of events that will focus on derivatives trading from different perspectives. Today, we will explore how regulation is affecting the trading environment around the world.
In preparing these remarks, I was reminded of my time as a Commissioner at the Commodity Futures Trading Commission (CFTC) from 2009 to 2014, at the height of the Dodd-Frank rulemakings. During that time, I was acutely aware of the need to implement the rules appropriately and avoid disrupting the efficient cross-border trading of derivatives. This wasn’t always easy, particularly when it came to defining the scope of the rules and aligning with other agencies and jurisdictions.