Swap contracts, famously described as the financial equivalent of "weapons of mass destruction," have continued to evolve since their heyday leading up to the 2008-2009 financial crisis. Most swaps ...
Interest rate swaps are used by institutions and businesses to manage cash flows and interest rate exposure. Swaps involve the exchange of cash flows between two parties, with an intermediary handling ...
A new rule removes the requirement to clear IBOR-based swaps and extends mandatory clearing to swaps on IBOR alternatives. On August 12, 2022, the US Commodity Futures Trading Commission (CFTC) voted ...
The Commodity Futures Trading Commission has issued an order simultaneously filing and settling charges against Goldman Sachs & Co. for violations of the CFTC’s Business Conduct Standards applicable ...