![United States: SEC Proposes Replacing An Exemption For Portfolio Margining Of Credit Default Swaps And SBS - Cadwalader, Wickersham & Taft LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: SEC Proposes Replacing An Exemption For Portfolio Margining Of Credit Default Swaps And SBS - Cadwalader, Wickersham & Taft LLP
The SEC proposed replacing an exemption for certain clearing agencies and dual registrant broker-dealers concerning the portfolio margining of swaps and security-based swaps ("SBS") that are cleared credit default swaps.
Full Article