Basel Committee issues draft guidance to limit settlement risk on FX trades.

EU retreats from its vow to defang credit rating agencies.

EU retreats from its vow to defang credit rating agencies.

International agreement on margin rules for OTC trades is key, CFTC chair says.

International agreement on margin rules for OTC trades is key, CFTC chair says.

Proposed regulations also limit big firms ability to offer consulting.

Proposed regulations also limit big firms ability to offer consulting.

Shortfalls may undermine effort to use trade repositories to improve oversight.