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Better Markets Responds to SEC and CFTC Request for Comment on Portfolio Margining of Uncleared Swaps and Security-Based Swaps

On December 7, 2020, Better Markets was one of six commenters to file letters in response to a Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) request for comment on portfolio margining of uncleared swaps and security-based swaps.  We commended the agencies for responsibly seeking public comment through a request-for-comment release and not issuing a premature portfolio margining proposal.