Federal Register: SEC and CFTC Propose Reduction in Margin Requirement for Security Futures
An SEC and CFTC joint proposal to (i) lower the minimum customer margin requirement for security futures and (ii) revise the margin offset table consistent with the proposed reduction was published in the Federal Register.
As previously covered, if adopted, the rule amendments would lower the margin requirement for an unhedged security futures position from 20% to 15%.
Comments on the proposed amendments are due by August 26, 2019.
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The SEC and CFTC requested comment on a proposal to reduce the margin requirement for an unhedged security futures position and to align the margin offset table for security futures with the reduced margin requirements.
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