Tag: Heath Tarbert

CFTC Extends Relief for UMR

Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert today released a statement outlining the commission’s unanimous vote last night to finalise a one-year extension of the initial margin compliance deadline for market participants with the smallest uncleared swaps portfolios. “I am committed to ensuring that initial margin remains a core risk-mitigating component of the global […]

CFTC Unanimously Approves Reporting Rule Changes

The US Commodity Futures Trading Commission (CFTC) has unanimously approved two proposed rules to revise CFTC regulations for swap data reporting, dissemination, and public reporting requirements for market participants. The Commission also unanimously approved re-opening the comment period of a proposed rule to amend certain agency regulations related to swap data repositories. All three measures […]

CFTC Names Clearing and Risk Head

US Commodity Futures Trading Commission chair Heath Tarbert has announced the appointment of Malcolm “Clark” Hutchison to serve as director of the Division of Clearing and Risk. In his role, Hutchison will be responsible for the CFTC’s supervision of derivatives clearinghouses and their members, including oversight of clearing processes through risk assessment and surveillance. “The […]

New CFTC Chairman Names Senior Staffers

New Commodity Futures Trading Commission (CFTC) chairman Heath Tarbert has announced a swathe of senior appointments in his first week in charge of the US regulator. Jaime Klima has been named as chief of staff and chief operating officer, she was formerly chief counsel to the office of the chairman of the US Securities and Exchange […]

New CFTC Chair Vows to “Hit the Ground Running”

As he begins his term today as the 14th chairman of the US Commodity Futures Trading Commission (CFTC), Heath Tarbert says that he intends to “hit the ground running”. “America’s futures, swaps, and options markets are the global standard. Their integrity is essential to the economic security of every American, particularly our farmers and ranchers. […]