The document discusses regulatory changes in OTC derivatives markets, including requirements for execution on regulated exchanges, real-time reporting, enhanced documentation, and margin requirements. It highlights the potential impact on costs, exposure, and liquidity for funds like the Underlying Fund and Access Fund. The document also covers the Dodd-Frank Act's expansion of CFTC's authority on position limits and reporting.
documents/vol00010-efta01364713-pdf.pdf
{"key_people":["Glendower"],"document_type":"financial","key_locations":["European Union","Japan","United States"],"document_subtype":"financial regulation summary","key_organizations":["Southern Financial LLC","CFTC"]}