Federal Register: Financial resources requirements for derivatives clearing organizations [proposed rules]
( October 14, 2010, 09:23 GMT | Official Statement) -- MLex Summary: The Commodity Futures Trading Commission is proposing rules to implement new statutory provisions enacted by Title VII and Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The proposed regulations establish financial resources requirements for derivatives clearing organizations for the purpose of ensuring that they maintain sufficient financial resources to enable them to perform their functions in compliance with the Commodity Exchange Act and the Dodd-Frank Act. ...
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