On September 17, the CFTC approved a proposed rule addressing margin requirements for uncleared swaps entered into by swap dealers or major swap participants that are not subject to regulation by the Federal Reserve Board, the OCC, the FDIC, the FCA or the FHFA. Press Release. Fact Sheet.
margin requirements for uncleared swaps
CFTC Proposed Rules on Margin Requirements for Uncleared Swaps
On April 12, pursuant to Section 731 of the Dodd-Frank Act, the CFTC proposed rules establishing margin requirements for uncleared swaps for swap dealers and major swap participants. Comments must be received within 60 days after publication in the Federal Register. Proposed Rule.