CFTC Requests Comment on Order Permitting Portfolio Margining of Futures, Foreign Futures Contracts and Cleared Swaps Contracts

The CFTC requested public comment on a petition by a derivatives clearing organization ("DCO") for an order permitting portfolio margining of futures and foreign futures contracts and cleared swaps contracts.

The proposed order would permit the DCO and clearing members that are registered futures commission merchants to commingle (i) in an account subject to Section 4d(f) (a cleared swaps customer account) futures and foreign futures positions and cleared swaps positions, and related customer money, securities, and property, and (ii) portfolio margin futures and foreign futures contracts and cleared swaps contracts in the cleared swaps customer account.

Comments regarding the request are due by March 11, 2016.