CFTC Rule Impacts Give-Up Agreement
The U.S. Commodity Futures Trading Commission has passed regulation that in effect bars dealers and their clients from using the so-called give-up agreement, which the International Swaps and Derivatives Association and Futures Industry Association published last year to deal with risks of trades that are executed but fail to clear.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
