Rules mandating the clearing of Over-the-counter (OTC) derivatives will require substantial changes to existing capital markets technology. A significant portion of the $6 Trillion USD in OTC products may be required to clear though Central Counterparties (CCP) to manage default … Continue reading →

The Dodd-Frank Wall Street Reform and Consumer Protection Act is in excess of 2300 pages spanning a number of issues, and will impact not only financial markets, but other industries. A  Bureau of Consumer Financial Protection (BCFP) is being established … Continue reading →

On July 21, 2010, President Obama signed into law the Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R. 4173), the most significant piece of financial services legislation since the Great Depression. This legislation places a number of … Continue reading →