Ever heard of the WGMR?
Working Group on Margining Requirements is keeping a low profile
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
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