Orrick is a global law firm focused on serving the technology & innovation, energy & infrastructure and finance sectors. Founded over 150 years ago, Orrick has offices in 25+ markets worldwide. Financial Times selected Orrick as the Most Innovative Law Firm in North America for three years in a row.
On December 16, 2015, the U.S. Commodity Futures Trading
Commission approved a new regulation for uncleared swaps not
regulated by the Federal Reserve Board, the Office of the
Comptroller of the Currency, the Federal Deposit Insurance
Corporation, the Farm Credit Administration or the Federal Housing
Finance Agency. The new rule requires parties to collect margin in
order to address concerns of entities taking on excessive risk. Press release.
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.
