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CFTC Proposes Modifying Clearing for C$ & Mexican Peso IRS
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CFTC Proposes Modifying Clearing for C$ & Mexican Peso IRS
The Commodity Futures Trading Commission issued a proposal to modify the CFTC’s swap clearing requirement. The proposal would update the swaps required to be submitted for clearing to a derivatives clearing organization or an exempt DCO under part 50 of the CFTC’s regulations. Specifically, the regulations would be amended to remove the requirement to clear interest rate swaps referencing the Canadian Dollar Offered Rate and the Interbank Equili…
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