Form of CFTC 23.704 Quarterly Notice

Published by ISDA to assist market participants in implementing the regulation’s reporting requirements relating to back office procedures regarding margin and collateral requirements under uncleared swap agreements.

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...