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July 12, 2019
Commentary by Nihal Patel

The CFTC Division of Swap Dealer and Intermediary Oversight and Division of Clearing and Risk provided no-action relief and guidance on the treatment of separate accounts of a single beneficial owner by futures commission merchants.

October 17, 2018

ISDA updated its Model Netting Act, which provides a template for jurisdictions considering enforcing close-out netting.