CFTC Announces Members of New ”Margin Subcommittee"
On January 10, Commodity Futures Trading Commission Commissioner Dawn D. Stump, the sponsor of the CFTC’s Global Markets Advisory Committee (GMAC), announced the members of the newly-established Subcommittee on Margin Requirements for Non-Cleared Swaps (the Margin Subcommittee). The Margin Subcommittee will consider issues raised by the implementation of margin requirements for non-cleared swaps, identify challenges associated with forthcoming implementation phases and make recommendations via a report for the GMAC to consider in advising the CFTC.
The Margin Subcommittee will be chaired by Wendy Yun, co-chair of the Derivatives Committee of the Securities Industry and Financial Markets Association Asset Management Group. The full list of the Margin Subcommittee members is available here.