SEC Approves Exemptive Order and Proposed Rule Change to Permit Customer Cross-Margining in the U.S. Treasury Market
AI SummaryAI-generated — verify against the source.The SEC has approved a conditional exemptive order allowing customer cross-margining for U.S. Treasury cash and futures positions. This regulatory change aims to enhance capital efficiency and risk management for firms involved in these markets, potentially impacting how advisors' clients' positions are cleared and managed.
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