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CFTC to Deal Margin for Uncleared Swaps in Late 2013

March 1, 2013

[ by C-I Staff ]

CFTC Chairman Gary Gensler said on Thursday, the Commission has pushed back dealing with final margin rules for uncleared swaps, and related rules on capital, until the second half of 2013.  to Chairman Gary Gensler.  Speaking from prepared testimony during a Senate oversight hearing, Mr. Gensler said his Commission is working with European regulators on the proposed margin rules, excluding non-financial end-users from margin requirements for uncleared swaps.             [Bloomberg, 2/28/13]