James Tabacchi, CEO of South Street Securities Holdings Inc., and Stephen Hood, Head of Clearing Americas at Marex, were quoted in Risk.net's "Clearers Face Heavy Lift on CME-FICC Cross-Margin Service" by Paulina Pielichata, as the industry works to stand up CME-FICC cross-margining ahead of the SEC's clearing mandates. View Risk.net Article View LinkedIn Post

The IDTA and the Mortgage Bankers Association (MBA) submitted joint comment letters in response to the Fixed Income Clearing Corporation’s Notice of Filing of Proposed Rule Change to Modify the Calculation of the MBSD VaR Floor to Incorporate a Minimum Margin Amount (SR-FICC-2020-017; SR-FICC-2020-804).

The IDTA submitted a comment letter in response to the Order Instituting Proceedings to Determine Whether to Approve or Disapprove the Fixed Income Clearing Corporation’s Proposed Rule Change to the Required Fund Deposit Calculation in the Government Securities Division Rulebook.