Follow The 13GDs: Boaz Weinstein’s Saba Capital Management Just Disclosed New Clough Global Dividend & Income Fund Position

The New Boaz Weinstein’s Saba Capital Management Holding in Clough Global Dividend & Income Fund Saba Capital Management filed with the SEC SC 13G form for Clough Global Dividend & Income Fund. The form can be accessed here: 000106299316012452. As reported in Boaz Weinstein’s Saba Capital Management’s form, the filler as of late owns 9.14% […]

CFTC Extends Reporting Relief for Certain Swap Dealers

The relevant rule concerns non-U.S. swap dealers and major swap participants established in foreign jurisdictions. The requirement looming next week for certain CFTC-registered swap dealers (SD) and major swap participants (MSP) has prompted the U.S. Commodity Futures Trading Commission (CFTC) to issue a time-limited no-action letter today that extends temporary relief from certain swap reporting […]

Trump May Tap Republican Commissioner to Lead Swaps Regulator

Giancarlo’s rise could spell end for CFTC’s source code push Senator Warren has questioned commissioner’s industry ties J. Christopher Giancarlo, a Republican member of the Commodity Futures Trading Commission who has close ties to the derivatives industry, is a leading candidate to head the regulator in the Trump administration, according to people familiar with the matter. […]

CFTC Approves Supplemental Proposal to Regulation AT

On November 4, the Commodity Futures Trading Commission (CFTC)approved for publication in the Federal Register a supplemental proposal (the “Supplemental Proposal”) to Regulation Automated Trading (“Regulation AT”). The Supplemental Proposal, which amends in part, but does not replace, the CFTC’s November 2015 proposal (the “Initial Proposal”), was approved by a two-to-one vote, with Commissioner J. […]

CFTC Exempts Certain Wholesale Power Market Transactions from CFTC Regulation, Private Rights of Action

On October 17, 2016, the U.S. Commodity Futures Trading Commission (the “CFTC”) clarified that certain transactions in Regional Transmission Organization (“RTO”) and Independent System Operator (“ISO”) markets are exempted from the Commodity Exchange Act (the “CEA”) provisions governing private rights of action, marking a reversal of the CFTC’s proposal in May 2016 which sought to […]

CFTC tweaks proposed automated trading rules with call for algorithm disclosure

The Commodities Futures Trading Commission agreed Friday to supplement proposed rules on automated trading with additional changes, including a controversial requirement that money managers disclose algorithm codes to the agency. The supplemental rule-making was approved by a 2-1 vote. Dissenting Commissioner J. Christopher Giancarlo said before the vote that while the proposed Regulation Automated Trading […]