The interpretation, in question and answer format, provides clarification regarding operational issues arising during preparation for the implementation of Part 22.
The staff of the Commodity Futures Trading Commission’s Division of Clearing and Risk today issued an interpretation regarding Part 22, under which Futures Commission Merchants and Derivatives Clearing Organisations must legally segregate each Cleared Swaps Customer’s collateral, but are permitted to operationally commingle the collateral of their Cleared Swaps Customers.
Press release
© CFTC - Commodity Futures Trading Commission
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article