United States:
Federal Register: CFTC Simplifies Initial Margin Segregation Notice Requirement
17 April 2019
Cadwalader, Wickersham & Taft LLP
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The CFTC rule change requiring the notification to
counterparties of their right to elect to segregate initial margin
in transactions with swap dealers was published in the Federal Register. The
amendments go into effect on May 3, 2019.
As
previously covered, the CFTC adopted modifications to
CFTC Rules 23.700,
23.701,
23.702,
23.703, and
23.704, as
proposed.
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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