CFTC To Delay March 1 Swap Variation Margin Deadline | Practical Law
Acting CFTC Chairman Giancarlo has indicated that the CFTC will delay the upcoming March 1, 2017 deadline for compliance with its Dodd-Frank variation margin rules, which require financial counterparties to collateralize mark-to-market exposure under over-the-counter (OTC) derivatives that are not centrally cleared.