Regulatory Alerts2020-06-12 | 2020-10809Derivatives Clearing Organization General Provisions and Core Principles
The Commodity Futures Trading Commission issued correcting amendments to final rules published on January 27, 2020, which regulate derivatives clearing organizations. These corrections address three inadvertent errors in the prior rulemaking, including the removal of a duplicated provision in section 39.11(b)(1) and the restoration of omitted paragraphs regarding financial resources and customer margin withdrawals. The amendments ensure that the codified regulations accurately reflect the Commission's intended requirements for DCO risk management and financial safeguards.
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