United States:
Federal Register: SEC And CFTC Propose Reduction In Margin Requirement For Security Futures
01 August 2019
Cadwalader, Wickersham & Taft LLP
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An SEC and CFTC joint proposal to (i) lower the minimum customer
margin requirement for security futures and (ii) revise the margin
offset table consistent with the proposed reduction was published in the Federal Register.
As
previously covered, if adopted, the rule amendments would lower
the margin requirement for an unhedged security futures position
from 20% to 15%.
Comments on the proposed amendments are due by August 26,
2019.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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