Regulatory Alerts2018-07-30 | 2018-16176Added · Updated
Segregation of Assets Held as Collateral in Uncleared Swap Transactions
The Commodity Futures Trading Commission proposes to amend its regulations to simplify notification and segregation requirements for swap dealers and major swap participants regarding initial margin for uncleared swaps. The proposal aims to reduce compliance burdens by removing overly prescriptive rules that have proven difficult to implement and rarely utilized by counterparties. These changes seek to streamline documentation processes while maintaining the statutory protections for collateral segregation under the Commodity Exchange Act.
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