It has been a busy seven days in the world of regulatory position limits. First a new MiFID II position limits RTS was released as reported here and the CFTC re-proposed their own ‘Dodd-Frank’ limits regime. Most international firms will have to comply with both. So why has the CFTC limits announcement being getting so […]
Validation. There is a reason everyone is talking about it. If you do it wrong, your compliance personnel start pulling their hair out. As far as ESMA, Dodd-Frank and MiFID II trade reporting we are clearly in a world that is moving from low validation to one that is highly validated.
Com-Sci 101: Four Categories of […]