CFTC eases restrictions on yen swap clearing
No-action letter opens door for US investors to clear at JSCC, ending years-long push by industry
US regulators have allowed domestic investors to clear yen interest rate swaps at Japan Securities Clearing Corporation for the first time, ending a years-long campaign by the clearing house and US industry groups to open access to the larger pool of onshore swap liquidity.
Commodity Futures Trading Commission rules around bankruptcy protection prevented futures commission merchants (FCMs) from
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