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.
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