JD Supra

Mandatory Clearing of OTC Derivatives Delayed for Certain Entities

The Canadian Securities Administrators (CSA) have taken steps to postpone until August 20, 2018 the phase-in date of the mandatory clearing requirements set out in National Instrument 94-101 Mandatory ...
JD Supra

"CFTC Takes Steps to Implement the Clearing Regime for Swaps and Finalizes the Exception From Clearing for Commercial End-Users"

Over the past month, the Commodity Futures Trading Commission (CFTC) has taken some major steps to implement a key piece of Dodd-Frank swap market regulation — the clearing requirement for swaps. On ...
Traders Magazine

CFTC Extends Time-Limited No-Action Relief for Entities Submitting Swaps for Clearing

The Commodity Futures Trading Commissions (CFTC) Division of Market Oversight (Division) announced the extension of time-limited no-action relief to entities submitting swaps for clearing by ...
Nasdaq

General Clearing Member Model

A GCM is an entity that has been approved by the clearing house for clearing of principal transactions and client transactions on behalf of GCM clients. A general clearing member signing a general ...