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CFTC Clarifies Wind-Downs, Recoveries for Key DCOs

July 27, 2016 by Louis Chunovic

The CFTC division of clearing and risk (DCR) has issued a guidance regarding recovery and wind-down plans for registered clearinghouses that are systemically important derivatives clearing organizations (SIDCOs). The recovery and wind-down plans are “critical element[s] of risk management and contingency planning,” the commission says, pointing out that SIDCOs are required by its regulations to… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Clearing, General Interest, Regulation & Compliance, Industry News Tagged With: CFTC, clearing and risk, clearinghouse, compliance, DCR, FCM, FDIC, financial stability, futures commission merchants, market conditions, recovery plan, risk surveillance

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