CFTC Approves a Final Rule to Amend Uncleared Swap Margin Requirements


On November 19, the Commodity Futures Trading Commission (“CFTC”) announced that it approved a final rule to amend its uncleared swap margin requirements to better align with certain rules adopted by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency that impose restrictions on certain qualified financial contracts. Press release. Rule.