Required margining of certain agency MBS transactions may be on the horizon
By EsqSocial Corporation 21/05/21
On Friday, May 7, 2021, the Financial Industry Regulatory Authority (FINRA) filed a proposal with the Securities and Exchange Commission (SEC) to amend the provisions of a yet-to-become effective version of FINRA Rule 4210 that will require the margining of Covered Agency Transactions (the Proposal). The Proposal is the most recent development in FINRA’s implementation of margining for Covered Agency Transactions, which was first proposed in 2014 and is based on recommendations from the Treasury...
By: Eversheds Sutherland (US) LLP