2020-11-24 | 2020-24353The Commodity Futures Trading Commission and the Securities and Exchange Commission jointly adopted final rule amendments to lower the initial and maintenance margin requirements for unhedged security futures positions from 20% to 15%. The agencies also implemented conforming revisions to the Strategy-Based Offset Table to align margin rules with current market practices and portfolio margining standards. These amendments, effective December 24, 2020, aim to reduce regulatory burdens while maintaining market integrity and preventing systemic risk.