COMMODITY FUTURES TRADING COMMISSION ISSUES PROPOSED RULE: JOINT REQUEST FOR COMMENT ON FURTHER IMPLEMENTATION OF PORTFOLIO MARGINING AND CROSS-MARGINING OF SECURITIES AND DERIVATIVES

WASHINGTON, June 30 -- Commodity Futures Trading Commission has issued a proposed rule called: Joint Request for Comment on Further Implementation of Portfolio Margining and Cross-Margining of Securities and Derivatives.

The proposed rule was published in the Federal Register on June 30 by Robert Sidman, Deputy Secretary.

Summary: The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (together, the "Commissions") request public comment on potential ways to further implement portfolio and cross-margining of securities and derivatives that are subject to the jurisdiction of either the SEC or CFTC, or both Commissions.

For more information, contact CFTC:Stephen Andrews, Office of the General Co...