FIA’s U.S. Commodities members recently filed a response to the CFTC proposal relating to the implementation schedule for the CFTC’s uncleared margin rules.
Last October, the CFTC proposed to align the implementation for smaller firms with the framework recommended by international standards organizations such as Basel and IOSCO.
FIA’s letter supports that change and asks the CFTC to address several other operational challenges relating to swaps margin management that are impacting FIA commodities firms and end users.
Read the full letter here.
