This memo discusses the requirements for a margin rule compliant VM CSA, including a threshold of zero and a cap on the MTA at $500,000, with Deutsche Bank's preference for an MTA of $250,000. It outlines eligible collateral and the responsibilities of Wealth Management Client Facing Professionals in alerting clients about Uncleared Margin. It also addresses the consequences of non-compliance by clients, which may affect the execution of new OTC derivatives trades after March 1, 2017.
doj/DataSet10/EFTA01377178.pdf
{"title":"Threshold and Minimum Transfer Amount (MTA)","document_date":"2017-02-15","document_type":"correspondence","document_subtype":"memo","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0073780","SDNY_GM_00219964","EFTA01377178"]}