The CFTC withdrew its original proposal and newly proposed to allow an FCM, subject to certain conditions, to treat separate accounts of a single beneficial owner as if they were owned by different persons, for purposes of margin withdrawals from the separate accounts.
News & Insights
The CFTC Global Markets Advisory Committee advanced eight recommendations to promote access and competition in the U.S. Treasury markets, repo and funding markets and commodity markets.
The CFTC extended the comment deadline to March 18, 2024 for a proposed rule to improve the protection of funds and assets pledged by clearing members of a Derivative Clearing Organization.
The CFTC set a comment deadline of February 16, 2024 for a proposed rule to enhance protection of funds and assets owned by clearing members of a DCOs.
The CFTC proposed a rule to enhance protection of funds and assets owned by clearing members of a DCOs. The rule requires that DCOs segregate clearing member funds from DCO funds and would mandate daily calculations and reconciliations of funds for customers and clearing members.