The document discusses regulatory changes in the OTC derivatives market, 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.
documents/vol00010-efta01354199-pdf.pdf
{"key_people":["Henry Nicholas"],"document_type":"financial","key_locations":["European Union","Japan"],"key_organizations":["CFTC","Glendower","Underlying Fund","Access Fund"]}