SEC and CFTC Request Feedback on Harmonizing Portfolio Margining Frameworks

The SEC and Commodity Futures Trading Commission (CFTC) have jointly issued a request for comment that seeks feedback on ways to align their portfolio margining approaches. Specifically, the purpose of the request for comment is to “assist the agencies in evaluating whether greater coordination or alignment in portfolio margining requirements may improve risk management efficiency, reduce unnecessary market fragmentation, and enhance customer protections consistent with the agencies’ respective statutory authorities and responsibilities.”

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