Tag Archives: SEFCON

Impartial Access: The CFTC Isn’t Messing Around This Time

The CFTC issued a slew of new guidance and rules last week, two of them particularly interesting and impactful.  First was the rule that requires clearinghouses to have credit facilities available to back up all margin posted in US Treasuries.  I (and pretty much every one else in the market) think this is ridiculous.  If… Read More »