CFTC to Consider Futures-Collateral Safeguards Measure

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The U.S. Commodity Future Trading Commission will hold a discussion next week to consider a plan to safeguard collateral following the collapse of MF Global Holdings Ltd.

According to various sources, the plan is designed to protect clients’ collateral if their broker defaults, while also allowing the customer funds to be pooled before a bankruptcy.    The plan would be similar to new rules for the swaps market that were completed on January 11th, 2011.

 

 

Anna Timone (195 Posts)


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