Page 17 - Dan Berkovitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 underway, aiming to set the tone for global economic policy-making for the rest of the year. There’s no...

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, using risky derivatives known as “total return swaps,” regulated by the U.S. Securities and Exchan...

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 over the appointment of who will run the Office of the Comptroller of the Currency (OCC). While it soun...