The CFTC approved clearing of digital asset futures, on a margined basis, by Cboe Clear Digital, LLC.
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The comment deadline was officially set for the SEC's proposed (i) amendments to current requirements on clearing agencies' risk-based margin systems and (ii) new rule on the content of clearing agencies' recovery and wind-down plans. The July 17, 2023 comment deadline was published in the Federal Register.
The Bank for International Settlements and IOSCO reported on margin dynamics in centrally cleared commodities markets in 2022. The report shed light on central counterparties' decision-making processes regarding margin requirements and risk management practices during elevated market volatility.
ISDA CEO Scott O’Malia reported that ISDA continues to work with global policymakers to improve margining practices that can mitigate the impact of "extreme" volatility.
The CFTC set a comment deadline on proposed rule amendments which would codify no-action relief regarding the treatment of separate accounts by futures commission merchants ("FCMs"). The comment deadline was published in the Federal Register.