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.
News & Insights
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 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.
The CFTC proposed a rule to require that futures commission merchants and swap dealers establish and maintain an "operational resilience framework" focusing on three components: information and technology security, third-party relationships and disruptions to standard business operations.
The CFTC voted to propose a rulemaking to protect clearing members' funds held by derivatives clearing organizations.