Threshold extension requested

Threshold extension requested

Category: Risk Management

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Timothy Massad, CFTC chairman, has recommended a one-year extension to the swap dealer de minimis threshold to December 2018. Currently the swap deal de minimis threshold comes into effect in January 2017, whereby the threshold will drop from US$8bn to US$3bn. Massad says that the extension will give the CFTC more time to consider this "critical decision".

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