Wall Street Poised for Swaps Collateral Victory at CFTC
- CFTC considering parallel version of swaps rule from Fed, FDIC
- Bank units wouldn't have to post initial margin to affiliates
This article is for subscribers only.
Wall Street banks may be close to winning one of their biggest lobbying fights this year by beating back U.S. requirements that would have led to billions of dollars of additional costs on derivatives trading.
QuickTake Defusing Derivatives