The document discusses changes in financial regulations affecting OTC derivatives, including requirements for execution on regulated exchanges, real-time reporting, enhanced documentation, and margin requirements. It highlights the potential impact on costs, exposure, liquidity, and investment returns for funds using OTC derivatives. The document also covers the Dodd-Frank Act's expansion of the CFTC's authority to impose position limits on derivatives.
documents/vol00010-efta01354630-pdf.pdf
{"key_people":["Gerald Ford"],"document_type":"financial","key_locations":["European Union","Japan"],"document_subtype":"financial regulation summary","key_organizations":["CFTC","Glendower","Underlying Fund","Access Fund"],"reference_numbers":["DB-SDNY-0039225","SDNY_GM_00185409","EFTA01354630"]}