Deutsche Bank AG, registered as a swap dealer with the CFTC, informs clients of their right to segregate initial margin for CFTC-regulated uncleared swaps. Clients can elect to segregate initial margin in accordance with CFTC rules 23.702 and 23.703. If no response is received within 20 business days, clients are deemed to have elected not to require segregation. Documentation, including a tri-party custodial agreement, is required for segregation. Clients can change their election at any time in writing.
doj/DataSet10/EFTA01384749.pdf
{"title":"Annual Notice of Right to CFTC Segregation of Initial Margin for Uncleared Swaps","key_people":["Collateral Officer"],"document_date":"2018","document_type":"correspondence","document_subtype":"notice","key_organizations":["Deutsche Bank AG","Commodity Futures Trading Commission (CFTC)"],"reference_numbers":["DB-SDNY-0085251","SDNY_GM_00231435","EFTA01384749"]}