US president Barack Obama has called for major funding increases for both the Securities and Exchange Commission and Commodity Futures Trading Commission.

Increasingly vocal Democrat opposition, repeated threats of a presidential veto and pre-election politics all stand in the way of Republican efforts to roll back Wall Street reforms. But what happens when the next must-have spending bill comes up for the president’s signature? 

The chair of the Commodity Futures Trading Commission has called for regulators to make sure clearing houses do not themselves become a threat to global financial stability. 

The US Securities and Exchange Commission has finalised 21 new regulations governing how firms report their security-based swap transactions.

Commodity Futures Trading Commission commissioner J Christopher Giancarlo stunned the swaps industry calling the CFTC’s swaps trading rules “fundamentally flawed”.

The Futures Industry Association’s Principal Traders Group has come out in favour of major regulatory reform in the US equity market.

The Financial Stability Oversight Council has announced an overhaul of its process for designating non-banks as systemically important financial institutions.

Commodity Futures Trading Commission commissioner Sharon Bowen has spoken out over “gaps” in the regulation of currency swaps following a surge in the value of Swiss francs. 

As the Basel Committee on Banking Supervision prepares to finalise the first phase of a complete overhaul of the Pillar 3 framework, industry players are calling for a second consultation.

The Commodity Futures Trading Commission has issued a no-action letter delaying implementation of key cross-border swaps rules until September 30, 2015.