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ARTICLE · 06 AUGUST 2018

Federal Register: CFTC Proposes To Simplify Initial Margin Segregation Notice Requirement

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Comments on the proposed changes must be received on or before September 28, 2018.

United StatesFinance and Banking

The CFTC proposal to amend Rules 23.700-704 on the rights of counterparties to segregate initial margin in transactions with swap dealers was published in the Federal Register. Comments on the proposed changes must be received on or before September 28, 2018.

As previously covered, the proposed amendments are intended to alleviate burdens shared by registrants and market participants by simplifying the notification requirement and other provisions.

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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