CFTC votes in final rule on margin for uncleared swaps

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CFTC votes in final rule on margin for uncleared swaps

CFTC 230

The US Commodity Futures Trading Commission this week voted in a final rule on margin requirements for uncleared swaps for bank dealers and major swap participants – despite the objection of one of the three commissioners that it will be far less effective at reigning in US bank excesses than an earlier version

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