Federal Register: CFTC Makes Comparability Determination for Australian Margin Rules

The CFTC determination that Australia's margin requirements for uncleared swaps are comparable in outcome to the CFTC rules was published in the Federal Register.

As previously covered, the CFTC determination is generally for circumstances where substituted compliance applies under CFTC rules, and does not contain material conditions that would require partial compliance with U.S. rules.