The document discusses changes in financial regulations affecting 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, liquidity, and investment returns for funds like the Underlying Fund and Access Fund. The document also covers the Dodd-Frank Act's expansion of the CFTC's authority to impose position limits on derivatives.
doj/DataSet10/EFTA01393609.pdf
{"key_people":["Glendower"],"document_type":"financial","key_locations":["European Union","Japan","United States"],"document_subtype":"financial regulation summary","key_organizations":["CFTC","Underlying Fund","Access Fund","Bright Group"],"reference_numbers":["DB-SDNY-0099257","SDNY_GM_00245441","EFTA01393609"]}