LCH.Clearnet Ltd. was granted authority by the Commodity Futures Trading Commission to hold in a single cleared swaps account customer funds to margin on a portfolio basis cleared swaps, domestic futures and foreign futures related to swaps and futures that currently or may in the future be cleared through LCH. LCH and all futures commission merchants acting pursuant to the CFTC authority must hold all customer funds in accordance with the CFTC's regulation pertaining to cleared swaps accounts.