Trading in Swiss equities on UK exchanges can now resume.
Trading in Swiss equities on UK exchanges can now resume.
There is a significant risk of market disruption if LIBOR-linked bonds are not switched.
A definitive proposal should be published by the end of September 2021.
The industry is eager to see structured regulatory cooperation on financial services.
Jim Toes, President and CEO, said the perception of the industry took a substantial hit.
Investors should be wary of shorting any name a retail investor likely knows.
US CCPs will be able to provide central clearing services in the EU.
The ISDA fallbacks ensure a safety net if an IBOR becomes unavailable while firms have exposures.
Gensler's expertise in fintech and digital currency could lead to new regulatory approvals.
