United States:
Federal Register: CFTC Proposes Amendments To Swap Margin Rules
25 May 2018
Cadwalader, Wickersham & Taft LLP
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The CFTC
requested comments on proposed changes to its uncleared swap
margin requirements.
As
previously covered, the proposed amendments would prevent
unintentional regulatory burdens that may result from rules
recently adopted by prudential regulators with regard to
qualified financial contracts. The CFTC proposal is designed to
ensure that swap dealers and major swap participants are not
subjected to additional margin requirements as a result of amending
contracts in order to comply with the prudential regulators'
new rules.
Comments must be received by July 23, 2018.
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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