October 2011
1 post
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CFTC backs off on systemically important...
The regulator’s rule had outlined requirements for
clearinghouses including financial resources, default rules,
settlement procedures, treatment of funds and reporting and
record keeping, among others.The CFTC said for now it would not move forward on a
measure to heighten financial resource requirements on
systemically important clearinghouses.Under Dodd-Frank, any clearinghouse dubbed...
