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CFTC's Volcker Rule sows confusion about swap dealers' filing duties, top lawyer says

By Neil Roland ( March 28, 2016, 15:44 GMT | Insight) -- US standards on Volcker Rule responsibilities have created confusion among banks as they prepare compliance reports for derivatives regulators this week, a former top US Commodity Futures Trading Commission lawyer told MLex. “What people are trying to figure out right now is, 'how am I going to address this in the annual report?' ” said Dan Berkovitz, the CFTC's general counsel from 2009-2013.US standards on Volcker Rule responsibilities have created confusion among banks as they prepare compliance reports for derivatives regulators this week, a former top US Commodity Futures Trading Commission lawyer told MLex....

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