FINRA Proposes Rule Change to Extend the Implementation of Margin Requirements for Credit Default Swaps
Saturday, June 17, 2017

On June 14, the Financial Industry Regulatory Authority filed with the Securities and Exchange Commission a proposed rule change extending to July 18, 2018, the interim pilot program with respect to margin requirements for certain credit default swaps. The interim pilot program, which was implemented by FINRA Rule 4240, had been set to expire on June 18. (For additional information related to Rule 4240, please see the June 17, 2016 edition of Corporate and Financial Weekly Digest.

The text of the rule change is available here.

 

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