SEC Issues Proposed Rule Related to Margin Requirements for Security Futures

The SEC has issued a proposed rule, Customer Margin Rules Relating to Security Futures.

The proposed rule would “lower the margin requirement for an unhedged security futures position from 20% to 15%, as well as propose certain revisions to the margin offset table consistent with the proposed reduction in margin.” The proposal is subject to approval by the Commodity Futures Trading Commission, which shares rulemaking authority related to margin requirements for security futures with the SEC. Comments on the proposed rule are due 30 days after the date of its publication in the Federal Register.

For more information, see the press release and proposed rule on the SEC’s Web site.