SEC, CFTC Eye Margin Oversight Of CCPs

27 Jul 2009

The Securities and Exchange Commission and Commodity Futures Trading Commission are seeking more oversight of the newly launched central counterparty clearing platforms for over-the-counter derivatives, this time through managing margin requirements.

--Jeanene Timberlake

The Securities and Exchange Commission and Commodity Futures Trading Commission are seeking more oversight of the newly launched central counterparty clearing platforms for over-the-counter derivatives, this time through managing margin requirements.

Mary Schapiro, SEC chairman, and Gary Gensler, chairman of the CFTC, told the House Financial Services Committee ...

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