Dodd-Frank
The Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA), signed into U.S. law in July 2010, is intended to promote financial stability, transparency and market integrity within the financial system.
Dodd-Frank OTC derivatives Regulation
SGIL is registered as a swap dealer with the US CFTC and is committed to be fully compliant with related requirements.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA), signed into U.S. law in July 2010, is intended to promote financial stability, transparency and market integrity within the financial system.
Title VII of this reform mandates regulation of the over-the-counter swaps market, which was perceived to have contributed to the financial crisis.
In this regard, certain standardized swaps are required to be traded on regulated exchanges or swap execution facilities and cleared at derivatives clearing organizations. Swaps regulated under DFA are also subject to reporting requirements, including real-time reporting. Real-time reporting information is publicly available and provides price transparency in the swap markets.
SGIL is registered as a swap dealer with the US CFTC and is committed to be fully compliant with related requirements.
Click here to consult our disclosures before engaging in swap activities with SGIL.