CFTC Announces Open Commission Meeting to Consider Final Rules on Margin Requirements for Uncleared Swaps, Registration Exemptions for Foreign Intermediaries and Derivative Position Limits
On October 8, the Commodity Futures Trading Commission (CFTC) announced that it will hold an open meeting on October 15. At this meeting, the CFTC will consider the following:
- Final Rule: Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants (Phase VI Compliance Date Extension);
- Final Rule: Exemption from Registration for Certain Foreign Intermediaries; and
- Final Rule: Position Limits for Derivatives.
The meeting will be held virtually in accordance with CFTC’s implementation of social distancing due to COVID-19. More information is available here.