CFTC IM Segregation Right Notice

Form of CFTC IM Segregation Right Notice published by ISDA to assist market participants in implementing CFTC Regulation 23.701’s requirements for swap dealers and major swap participants to notify counterparties of their right to require segregation of margin (other than variation margin) for uncleared swap transactions.

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...