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By Philip McBride Johnson |
June 11, 2013
Throughout the Dodd-Frank Act's creation, swap users and dealers insisted that swaps are sufficiently distinguishable from futures and options and that they should be addressed separately, so they were. Look where we are now.
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By Philip McBride Johnson |
May 28, 2013
The Dodd-Frank approach is all about preventing cross-border financial crises through the enforcement of high standards. No crises, no problems. But it is not the only possible solution.
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By Philip McBride Johnson |
March 26, 2013
The fact that "sequestration" will be a drag on the Government's operations may please many people, not least those who have found themselves under federal investigation or pending charges.
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By Philip McBride Johnson |
March 21, 2013
On March 15, the Federal Court of Appeals for the District of Columbia nullified FERC's order fining Brian Hunter $30 million dollars for manipulating the price of natural gas futures contracts on the New York Mercantile Exchange in 2006.
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By Philip McBride Johnson |
March 1, 2013
The "sequester" has taken effect. According to multiple news reports, an early casualty will be the shipbuilding industry, especially on the military side. But it will also make more difficult the full implementation of the derivatives piece of the Dodd-Frank Act.
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By Philip McBride Johnson |
February 19, 2013
Two F-16 fighter jets scrambled on Sunday when several small civilian aircraft wandered into restricted air space over where President Obama was playing golf with Tiger Woods in my adopted state of Florida. Our tax dollars at work.
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By Philip McBride Johnson |
February 5, 2013
Ms. Sommers will be leaving the Commodity Futures Trading Commission soon after years of unfailing service and grace. She is irreplaceable and will be missed.
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By Philip McBride Johnson |
January 22, 2013
So, the iShares Silver Trust just added 572 metric tons of physical silver to its portfolio, which, according to one report, brings its gross holdings of the precious metal above 10,000 tons. This is a completely legitimate investment under U.S. law.
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By Philip McBride Johnson |
December 26, 2012
In both the securities and derivatives worlds, new rivals have emerged to offer comparable services for similar transactions. Here we question whether exchange mergers can stem the gains made by those alternatives.
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By Philip McBride Johnson |
December 26, 2012
Let's bow our heads and say a silent prayer for all the lawyers, in and out of Government, who must somehow make sense of the Dodd-Frank Act.
