On Monday, August 12th, the CFTC published final rules implementing important risk management standards for systemically important derivatives clearing organizations (SIDCO). The rules up requirements for SIDCOs involved in ventures with more complex risk profiles, to upkeep a higher base minimum of financial capital to ensure they can meet their fiscal obligations to their clearing members. The rule also prohibits the inclusion of assessments when SIDCOs are calculating their available resources. CFTC Release 6662-13.
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CFTC issues final rules regarding enhanced risk management standards
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