MFA Submits Comments to CFTC on ICE Clear Europe Portfolio Margining Petition

MFA submitted the attached comment letter to the CFTC in response to its request for public comments on the portfolio margining petition submitted by ICE Clear Europe. MFA also supported ICE Clear Europe's petition request to hold customer positions in security-based CDS and index CDS (and related margin assets) in single customer omnibus accounts subject to CEA Section 4d(f). The letter further expresses support for the calculation of margin for such accounts on a portfolio basis pursuant to ICE Clear Europe's portfolio margining methodology.

Click hereto view letter in full (links externally to MFA website).