United States:
Federal Register: CFTC Proposes To Simplify Initial Margin Segregation Notice Requirement
06 August 2018
Cadwalader, Wickersham & Taft LLP
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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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