Regulatory Alerts2014-10-03 | 2014-22962Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
The Commodity Futures Trading Commission proposes regulations to implement statutory initial and variation margin requirements for swap dealers and major swap participants engaging in uncleared swaps. The proposed rules mandate margin exchanges between financial entities but explicitly exempt non-financial end users from these collection obligations. Additionally, the Commission issues an advance notice of proposed rulemaking to solicit public comment on the cross-border application of these margin standards.
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