Regulatory Alerts2018-05-23 | 2018-10995Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
The Commodity Futures Trading Commission proposes amendments to the margin requirements for uncleared swaps for swap dealers and major swap participants without a prudential regulator. These changes align the CFTC Margin Rule with recent QFC Rules adopted by the Federal Reserve, FDIC, and OCC by ensuring master netting agreements are not excluded based on QFC compliance and protecting legacy swaps from margin requirements when amended solely for QFC purposes. The Commission seeks public comment on these proposals to ensure consistent regulatory treatment across financial entities.
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