Chatham Financial, a derivatives advisory firm, has released results of a survey showing that 74% of end users are not fully prepared to comply with the European Market Infrastructure Regulation. About 60% of respondents say they have work to do to comply with derivatives rules mandated by the Dodd-Frank Act. "Right now, as many firms are working toward complying with their home-country regulations, they're just beginning to scratch the surface of additional regulations stemming from the jurisdictions of their counterparties," Director Luke Zubrod said. The Commodity Futures Trading Commission's Mark Wetjen will keynote SIFMA's Asset Management Derivatives Conference on May 22 in New York City. Register today.
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