The announcement of JP Morgan Chase's $13 billion settlement with the US Department of Justice has caused many to question what it means for the wider market.
US banks are already taking steps to restructure, or sell-off parts of, their derivatives operations in a bid to comply with Dodd-Frank’s controversial ‘push-out’ provision
New rules under Title VII of the Dodd-Frank Act have increased the regulatory burdens on swaps, leading some in the market to re-examine how the instrument is used