Investors and policy makers who have worried about the historic slide in stock volatility the past year might have had good reason to do so: most market crashes are preceded by exactly that pattern.
As the one-year anniversary of new regulations affecting money market funds approaches this fall, the money fund landscape seems permanently altered.
Bloomberg Intelligence Economics’ measure of China’s financial stability rebounded in the first quarter from a trough in the fourth quarter of 2016, and early indicators point to further improvement in the second quarter.
New CFTC guidance determines that Chief Compliance Officers will be required to report directly to a board director or senior officer.
Banks said their trading desks face major increases in capital requirements, and global regulators underestimated the impact of their own rules.
Financial firms are getting the chance to argue that a key capital requirement should be softened even after it was supposed to be finished.
Basel’s finalized framework for the assessment of market risk could reduce market liquidity and lead to global banks dropping activities which become too expensive.
Federal Reserve Chair Janet Yellen said regulators will take steps to address risks to financial stability as officials cited high-speed trading and clearinghouses as potential threats. Yellen, speaking Tuesday at a meeting of the Financial Stability Oversight Council, focused on clearinghouses, platforms where swaps transactions are cleared and settled.