Proposed cross-border margin rules. The Commodity Futures Trading Commission published for comment a proposed rule that would apply the agency’s margin requirements for uncleared swaps to cross-border transactions. The proposed rule would apply to CFTC-registered swap dealers and major swap participants that are not subject to the margin requirements of other prudential regulators. Comments should be submitted within 60 days after publication in the Federal Register, which is expected shortly. (6/29/2015) CFTC press release.
Division of Market Oversight roundtable. The CFTC’s Division of Market Oversight will hold a public roundtable on July 15, 2015, to discuss the Commodity Exchange Act’s trade execution requirement as well as the procedures involved in making Made Available to Trade determinations. (6/22/2015) CFTC press release.