CFTC Proposes Cutting Regulatory Burdens on Derivatives Market

The Commodity Futures Trading Commission approved a proposed rule that would bring some agency requirements in line with other U.S. regulators, thereby reducing regulatory burdens for those who use the derivatives markets, the CFTC said in a statement.

The proposed rule amends the CFTC’s margin requirements for uncleared swaps for swap dealers and major swap participants.

The rule would also ensure that master netting agreements aren’t excluded from the definition of “eligible master netting agreement” under the regulator’s Margin Rule based only on such pacts’ compliance with some rules recently adopted by the Federal Reserve, Federal Deposit Insurance Corp., and ...