CFTC’s Giancarlo on Fed Policy, Liquidity, Swaps Framework, Blockchain

The transcript covers discussions on market reactions, liquidity concerns, and the impact of global reforms on trading liquidity. It explores the swaps framework and regulatory approaches, emphasizing deference to local regulators. The conversation shifts to fintech, blockchain, and digital assets, highlighting their potential in market regulation. The discussion concludes with an analysis of counterparty risk and market evolution since 2008, focusing on central clearing and leverage.

What role does financial technology play in addressing the complexities of capital deployment?

In what ways has the market for credit default swaps evolved since the CFTC's criticism in 2018?

What are the key factors that have contributed to the increase in centrally cleared derivatives?

What are the implications of the new position limits rule proposed by the CFTC?