The Commodity Futures Trading Commission announced the creation of a new Subcommittee on Margin Requirements for Non-Cleared Swaps under the Global Markets Advisory Committee (GMAC). The subcommittee will be responsible for examining the implementation of margin requirements for non-cleared swaps and recommending actions to the CFTC to mitigate any related challenges.
Commissioner Dawn Stump, sponsor of the GMAC, is requesting nominations for the new subcommittee. All nominations must be submitted no later than November 12.
More information is available here.