Regulatory Alerts2021-01-25 | 2020-27508Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
The Commodity Futures Trading Commission issued a final rule amending the CFTC Margin Rule to reduce operational burdens for swap dealers and major swap participants. The amendment permits the application of a minimum transfer amount of up to $50,000 for each separately managed account of a counterparty and allows for separate minimum transfer amounts for initial and variation margin. These changes codify prior no-action positions to provide regulatory certainty while maintaining systemic risk controls.
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