Agenda - Joint Open Meeting with the Commodity Futures Trading Commission

Thursday, October 22, 2020

Item 1: Customer Margin Rules Relating to Security Futures
Offices: Division of Trading and Markets
Staff: Brett Redfearn, Mike Macchiaroli, Tom McGowan, Randall Roy, and Sheila Swartz

The Commissions will consider whether to adopt rule amendments to align the minimum margin required on security futures with other similar financial products.

For further information, please contact Sheila Swartz in the Division of Trading and Markets at 202-551-5545.


Item 2: Portfolio Margining of Uncleared Swaps and Non-Cleared Security-Based Swaps
Offices: Division of Trading and Markets
Staff: Brett Redfearn, Mike Macchiaroli, Tom McGowan, Randall Roy, Sheila Swartz

The Commissions will consider whether to issue a request for comment on the portfolio margining of uncleared swaps and non-cleared security-based swaps. The request for comment would solicit comment on all aspects of the portfolio margining of uncleared swaps, non-cleared security-based swaps, and related positions, including on the merits, benefits, and risks of portfolio margining these types of positions, and on any regulatory, legal, and operational issues associated with portfolio margining them.

For further information, please contact Randall Roy in the Division of Trading and Markets at 202-551-5522.