The Options Clearing Corporation proposed amendments to formalize the procedures under which it would adjust the parameters for calculating margin requirements during periods of high market volatility.
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The Futures Industry Association published an analysis on the evolution of the methodology used by central clearinghouses for the purpose of calculating margin for exchange-traded derivatives.
The SEC set an effective date for Privacy Act amendments of October 26, 2023. The effective date was published in the Federal Register.
The SEC amended Privacy Act regulations that are applicable to the Commission (not the regulations that apply to registrants) to eliminate unnecessary provisions and introduce electronic methods for identity verification and Privacy Act requests.
In a joint submission to the CFTC and the SEC, the Chicago Mercantile Exchange Inc. and the Fixed Income Clearing Corporation proposed an amended and restated Cross-Margining Agreement between the clearing agencies.