August 30, 2015

August 28, 2015

August 27, 2015

Joint Press Statement Regarding OTC Derivatives Market

Global leaders and authorities overseeing the over-the-counter (OTC) derivatives market issued a joint press statement in furtherance of the agreement at the G-20 Pittsburgh Summit in 2009. In the joint statement, the leaders and authorities renewed their commitment to cooperate and consult each other in implementing sweeping changes to the OTC derivatives market, such as determinations regarding mandatory clearing requirements for certain derivatives products.

The joint press statement is available here.

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About this Author

Kenneth M. Rosenzweig, Katten Muchin Law Firm, Financial services matters
Partner

Kenneth M. Rosenzweig focuses his practice on financial services matters, with an emphasis on the trading and clearing of financial instruments. Ken represents derivatives clearing organizations, designated contract markets and swap execution facilities, in addition to futures commission merchants, banks and other commercial participants in the exchange-traded and over-the-counter derivatives markets.

Formerly Assistant Chief Counsel and Associate Director in the Division of Trading and Markets of the Commodity Futures Trading Commission (CFTC)...

312-902-5381
James M. Brady, Katten Muchin Law Firm, Finance Attorney
Associate

James Brady concentrates his practice in financial services matters.

While in law school, James was an editor of the Michigan Journal of International Law. He also served as a judicial intern to the Honorable Stephen J. Markman of the Michigan Supreme Court. http://www.kattenlaw.com/James-Brady

312-902-5362