Market regulation · 08/08/2023

CFTC Proposes Relief for Swap Dealers and Major Swap Participants from Margin Requirements for Uncleared Swaps

The Commodity Futures Trading Commission (CFTC) is proposing a three-year exemption from margin requirements for uncleared swaps for certain swap dealers and major swap participants that invest in 'seeded funds', which receive their start-up capital from a sponsor entity, allowing them to avoid the need to post initial margin for these swaps.