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Regulators finalize rule to modify swap requirements

Sep 24, 2018 - American Banker

WASHINGTON-Five federal agencies published a final rule Friday to consolidate two regulations that would establish uniform swap margin requirements that impose restrictions on certain qualified financial contracts.

The Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp., the Federal Housing Finance Agency and the Farm Credit Administrationadopted the proposal issued in Februarywithout any changes.

The changes to the swap margin ru...