Ever heard of the WGMR?

Working Group on Margining Requirements is keeping a low profile

duncan-wood

As of April 3, typing the phrase ‘Working Group on Margining Requirements’ (WGMR) into Google yielded a total of three results – the same number as the Bangor Biscuit Appreciation Society (BBAS).

Without meaning to impugn the BBAS, that’s a little odd. The margining working group is one of the most powerful regulatory initiatives in an admittedly crowded field but, to all intents and purposes, it seems not to exist. The WGMR has no website, no publicly available members list, agenda or minutes

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