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October 6, the OCC released a notice of proposed rulemaking to establish minimum requirements for the exchange of initial and variation margin between registered swap dealers, major swap participants, security-based swap dealers and major security-based swap participants (covered swap entities) and their counterparties to non-cleared swaps and non-cleared security-based swaps.
October 6, the OCC released a notice of proposed rulemaking to
establish minimum requirements for the exchange of initial and
variation margin between registered swap dealers, major swap
participants, security-based swap dealers and major security-based
swap participants (covered swap entities) and their counterparties
to non-cleared swaps and non-cleared security-based swaps. Comments
should be received on or before November 24.
Press Release.
NPR.
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