This document is a notification regarding the right to segregation of initial margin posted in respect of uncleared swaps, as per CFTC Rule 23.701. It informs the recipient of their right to elect for Initial Margin (IM) segregation in accordance with CFTC rules 23.702 and 23.703. The document outlines the need for confirmation of receipt and the election decision, and highlights the implications of not responding, which may affect the ability to execute uncleared swaps after the compliance date.
doj/DataSet10/EFTA01455974.pdf
{"title":"2014 Notification of Right to Segregation of Initial Margin Posted in Respect of Uncleared Swaps Pursuant to CFTC Rule 23.701","document_date":"April 25, 2014","document_type":"correspondence","key_organizations":["Commodity Futures Trading Commission"]}