Notice 27 Mar 2025 regulation, financial services, fees, clearing agency, cash management, lch sa, collateral

💵LCH SA Proposes Changes to Cash and Securities Collateral Fees

LCH SA has submitted a proposed rule change to amend its fee structures for cash and securities collateral used as initial margin in its CDSClear service. The changes aim to enhance competitive dynamics and improve liquidity risk profiles by adjusting fees and spreads based on market conditions and operational considerations.

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Compliance, Financial Regulation 22 Jan 2025 compliance, consumer protection, reporting and recordkeeping requirements, brokers, commodity futures, swaps, margins, cash management, customer protection, futures commission merchants

📉New Margin Requirements for Futures Commission Merchants Effective March 2025

The Commodity Futures Trading Commission (Commission or CFTC) is amending its regulations, adopted under the Commodity Exchange Act (CEA), to require a futures commission merchant (FCM) to ensure a customer does not withdraw funds from its account with the FCM if the balance in the account after the withdrawal would be insufficient to meet the customer's initial margin requirements; and relatedly, to permit an FCM, subject to certain requirements, to treat the separate accounts of a single customer as accounts of separate entities for purposes of certain Commission regulations.

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